Can anybody help me to find an article or code of law that supports the insurance effect on the building when you use UL/FM Fire Pumps or other equipment. Thank you very much.
FM Approvals is just a third-party certification and approval of commercial and industrial products.
ISO advises on community insurance rates.
1. How does BCEGS affect insurance rates?
ISO has filed advisory rating programs, including rating credits for commercial fire and allied lines, businessowners, homeowners, and dwelling lines of insurance. The credits apply to various ranges of BCEGS classifications (1–3, 4–7, 8–9, 10).
Any building constructed in the year ISO classifies a community, or in a later year, will be eligible for the program. Buildings in communities with classifications of 9 and lower (down to 1) will receive a rating credit. A classification of 10 will receive no credit. Classifications of 1–3 will receive the highest credit. Classifications of 4–9 will receive intermediate credits.