SVFD Announces a great achievement that benefits the community.
In 1971 several business owners in the small community of Seymour decided they needed fire protection for their homes and businesses. Up until that time, there was no fire protection between Knoxville and Sevierville. These business owners formed the Seymour Volunteer Fire Department and purchased a new Boardman Class A Fire Engine. In the first year, 12 firefighters responded to 24 calls for service and their sole engine was stored outside in a vacant lot at the corner of Chapman Highway and Old Sevierville Pike. We now have 6 stations and 22 pieces of equipment with 54 volunteers. From January to November, 2014, we responded to 1505 calls for service. We have come a long way from our initial beginnings, but we still honor those traditions and we are excited to continue serving our community.
Homeowners insurance fees are based on a community fire service classification rating from the Insurance Services Office, ISO. This community rating, also referred to as a Public Protection Classification (PPC) is a 1-10 grade which includes levels of fire protection, water supply/infrastructure and 9-1-1 service. A rating of 1 is the best protection that a fire department can offer and a rating of 10 is equivalent to no fire department at all. Since 1987, Seymour’s Community has been rated as a 7/9 depending on several individual factors for each home. After an extensive inspection and interview process from ISO, Seymour Volunteer Fire Department is honored and excited to announce to our 17,000 homes & businesses that our rating has been lowered to a 5/5x. What does this mean? This should save our community members 4%-6% on their homeowner’s insurance, or an estimated $100,000 a year for our fire response area.
See what insurance companies are saying:
Butch Inman, Owner of Dott Baker Insurance Agency: “The upgrade of the Seymour Volunteer Fire Department from PPC7 to PPC5 will have a very positive effect on insurance premiums in the Seymour community. I challenge EVERY household in this area to support the SVFD through donations to keep them as non-subscription, full service fire department.”
The Insurance Professionals of Greater Knoxville:
Seymour Volunteer Fire Department has continued to be a leader among their peers in providing updated equipment and increased educational opportunities to their firefighters and with community involvement. The Insurance Professionals of Greater Knoxville have been awarding the annual firefighter of the year since 2009. Three out of these six years, Seymour Firefighters have won that award. The insurance industry recognizes the importance of partnering with our fire departments and their personnel. The improvement of Seymour’s protection class in Knox, Sevier, and Blount Counties will enable our insurance companies to offer feasible products at better rates for our business and homeowner customers.
Ownby Insurance Service, Inc.
Lowering the ISO protection class from 7 to 5 for residents that have a fire hydrant within 1,000 feet should net an approximate savings of 10-15% on average. The savings will vary based on factors such as construction type, age of home, value of home, the homeowner’s insurance score, prior claims history and many other rating factors. This improved rating is a testament to the commitment of the Board of Directors and the Volunteers of Seymour Volunteer Fire Department to constantly improve and be a true asset to the community.
ISO’s Public Protection Classification Program (PPC) plays an important role in the underwriting process at insurance companies. In fact, most U.S. insurers – including the largest ones – use PPC information as part of their decision- making when deciding what business to write, coverage’s to offer or prices to charge for personal or commercial property insurance.
Each insurance company independently determines the premiums it charges its policyholders. The way an insurer uses ISO’s information on public fire protection may depend on several things – the company’s fire-loss experience, rate-making methodology, underwriting guidelines, and its marketing strategy. Through ongoing research and loss experience analysis, we identified additional differentiation in fire loss experience within our PPC program, which resulted in the revised classifications. We based the differing fire loss experience on the fire suppression capabilities of each community. The new classifications will improve the predictive value for insurers while benefiting both commercial and residential property owners.
There are many ways to volunteer in the Community of Seymour. At present, there are 54 men and women within the community who have chosen to serve as volunteer firefighters & support roles. They are not paid for their time and services, but we still incur costs to operate. Seymour Volunteer Fire Department operations are only supported by your donations. Without your generous giving, we could not continue to serve this Community. Please show your support for these brave men and women by donating in person, by mail or online – Kevin Nunn, Fire Chief.
“To Be There for You” is our mission. Achieving an ISO fire rating of 5/5x is one way we are there for you – the Tri-County community. In order to continue to meet our mission and maintain this reduced insurance savings, we ask those who have never donated to Seymour VFD to do so now by giving half of your homeowner’s insurance savings back to us. For more information vist our web site at SeymourVFD.com – John Linsenbigler, Executive Administrator.