Biloxi lowers its fire rating; Insurance rates to follow

By WLOX Staff

BILOXI, MS (WLOX) - If you live in Biloxi, the price of your fire insurance may have just gone down. The city's fire rating just improved from a five to a four. That means fire insurance rates for commercial and residential structures could decrease anywhere from 5 to 8 percent, depending on the size and type of structure insured.

A number of different factors go in to determining a city's fire rating, from water pressure to staffing levels and training at the fire departments.

The Mississippi State Rating Bureau said that any discounts for existing fire-insurance policies in Biloxi could be pro-rated from Dec. 8, 2009.

Biloxi is now one of only six cities in the state and one of only two on the Coast to have a Class 4 rating. The others are Gulfport, Hattiesburg, Meridian, Yazoo City and Greenwood. The highest-rated cities in the state – Jackson and Southaven – have a Class 3 rating.

To read the notice that the state rating bureau has sent to insurance agents regarding Biloxi's improved fire rating, click here.

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