Fire Peril Model
FireSafe® RiskScore™ is a fire peril risk assessment tool for Homeowners and Dwelling Fire Insurance rating and underwriting. It represents the next generation of automated tools designed to accurately assign risk to your homeowners’ policies. The use of the FireSafe RiskScore Model is a notable improvement in the way that companies recognize and rate for fire protection at a property specific level. By considering certain differences in the construction of the insured home, its local demographic area, the drive distance to the responding fire station, as well as the fire fighting capabilities of the responder, you can achieve better segmentation of insured properties with respect to the fire peril and the risk these insured properties present.