Insurance premiums slashed up to 25 percent after Holly Springs FD receives highest state rating

  • Source: WTVD-TV ABC Channel 11
  • Published: 10/07/2019 07:46 PM

Some Holly Springs business owners will soon see their insurance premiums slashed more than 25 percent, thanks to the fire department ranking among the top 1 percent in the nation. "We're in the top half of one percent of all departments nationwide," said Holly Springs Fire Chief LeRoy Smith. The town just improved its class rating to 1. There are only 11 towns in North Carolina that have a rating that high. Three places in Wake County made the list. Raleigh and Cary also have a rating of 1. The North Carolina Department of Insurance estimates in Holly Springs, on average, homeowners will now be seeing their insurance premiums decrease by 8.5 percent and the really big savings will be for business owners. Prices should be cut by a whopping 25 percent.


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