Lake Lure Fire Department achieves Significant Milestone with Improved Insurance Fire Rating

Local Residents & Businesses to Benefit

Thanks to many hours of training and preparation by the Lake Lure Fire Department, as well as other area fire departments over the last several years, local homeowners and businesses will likely see some welcome reductions to their insurance premiums.

That’s the good news from North Carolina Insurance Commissioner and State Fire Marshal Mike Causey.

The North Carolina Office of the State Fire Marshal recently announced that the Lake Lure Municipal Fire District has received a Class 4 insurance rating and the Lake Lure Rural Fire District will receive a class 4/9E rating.

What that all means is that everyone inside Lake Lure town limits will benefit from the new improved fire insurance rating of Class 4 vs. the previous Class 6 or Class 9  The lower the rating, the better, explained Lake Lure Fire Chief Ron Morgan. 

Residents living outside the Town in the Lake Lure Rural District will also drop to a class 4 from a 9 if they live within 5 miles of the fire station on Memorial Highway.

This will mean a significant reduction in Insurance premiums for nearly all business owners and a significant savings to many homeowners.

Insurance rates impact homeowners differently and many were already experiencing reduced premiums, Chief Morgan said. Just how much each homeowner or business will see in lowered premiums of course depends on multiple variables.

“Between now and Dec. 1st, homeowners and businesses are encouraged to get in touch with their insurance company to ensure they are receiving the best rate possible,” Chief Morgan said.  That’s when the new class 4 rating takes effect.

This new rating is the result of an Insurance Services Office inspection over the summer, along with hundreds of hours of training and preparation over several years by area fire departments. 

Area fire departments, including Lake Lure, Chimney Rock, Bill’s Creek and Fairfield Mountains worked and trained together to make this new rating possible, Chief Morgan said. “It’s a rewarding achievement that we’re all proud of.”

According to 2016 statistics provide by the State Fire Marshal, there were only 199 Class 4 rated fire districts in North Carolina out of 1,532 rated fire districts and only 89 with lower ratings statewide.  

For more information about the new rating, contact the Lake Lure Fire Department at 828 625 9333.