According to a report from The Standard, financial savings could be on the way for residents served by Maury (NC) Volunteer Fire-Rescue (MVFR).
A new fire substation will be located at 5846 N.C. 258, allowing the MVFR to serve its district with faster response times. It will also help the MVFD achieve a better insurance rating.
Thanks to efficient financial planning and changes at the state level, the MVFR can now construct a substation, allowing it to achieve a lower rating.
Insurance ratings are determined by Office of the State Fire Marshal and are based off a number of factors including proximity to the station, equipment, and training.
Positive ratings suggest that a fire department is well equipped to respond to fires and can significantly lower homeowners’ insurance rates. Currently, Maury has a rating of “5” for structures within five miles of its current station. Beyond that, the rating changes to “9,” with the exception of the MVFR’s “no man land.”
The MVFR has been working since the 1980s to reduce its rating, with little success.
The change allowed for the MVFR to staff its substation with a minimum of four firefighters instead of eight. The station was also in good financial standing, having completed the debt service for the station.