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Volunteer Firefighters Demand Answers WDTV

New insurance changes could cause some volunteer fire departments in West Virginia to shut down. But what will that mean to you if your home is covered by volunteer firefighters?

By July 1, insurance provider Brickstreet Mutual won't revive volunteer fire departments' liability coverage.

Some firefighters say if they go into a burning home and get hurt, this means it's their responsibility to pay for their injuries and medical bills.

Bunner Ridge Volunteer Fire Department Chief Roger Channell says if there's no coverage, they will go idle. Channell says no one wants the personal liability.

Other volunteers just want tangible action from the legislature before the July 1 deadline.

"The ISO rating (which is the insurance rating for a particular area) is immediately going to go to a ten. That will raise owner's insurance rates by 175 percent. A lot of people won't be able to afford homeowner's insurance anymore because they can't afford the premiums, because they no longer have a fire department to protect their home and their lives," says Barry Bledsoe, President of the Marion County Fire Association.

Insurer Review: MetLife

MetLife was founded in 1868 and is the number one insurer by volume in America. Known for its spokesperson Snoopy, MetLife has a good reputation for customer satisfaction. Curiously, it also has a reputation for sub par claims service, in the bottom five out of 25 rated by JD Powers and Associates. Metropolitan Life Insurance has assets in excess of $3 trillion. Their Standard & Poor rating was dropped from AAA- to AA+ in 2008. That's still considered exceptional.

Array

www.solardave.com SolarDave: What happens to my homeowners insurance rates when I add solar panels to my roof? Sam Weaver: Generally nothing ...

Homeowners Insurance Rates - News


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