San Juan Island Fire and Rescue announced receiving notification by the Washington State Rating Bureau of a significant change to their evaluation of San Juan Island’s property underwriting and rating information for the insurance industry following its re-rating review that occurs approximately every 5 years.
WSRB issued the updated rating: The WSRB rating for San Juan Island (outside of Friday Harbor) has been reduced from a Fire Protection Classification 7 to a Fire Protection Classification 6. The WSRB rating for the Town of Friday Harbor remains at a Fire Protection Classification of 6.
As a private, for-profit company, WSRB does not directly set insurance rates but provides this data to Washington State Office of the Insurance Commissioner and private insurance companies. Theoretically, the lower the score, the more insurance providers would be willing to provide you coverage and at a lower premium than a higher score.