Aaron Hankins
59:06 - 59:40
“Each jump in class equates to about a 10% raise in property insurance rates.”
- Speaker
- Aaron Hankins
- Timestamp
- 59:06 – 59:40
- Transcript
- Petersburg Borough: Assembly Meeting
- Community
- Alaska News
- Captured at
- October 21, 2026
From the transcript
Each jump in class equates to about a 10% raise in property insurance rates. Now, that said, there is some pushback from that from Petersburg Wrangle Insurance. Not every insurance company uses ISO rating to determine their risk factors and their costs of their coverage. It's still very much used, especially down in the lower 48. To the question of what suppliers, you know, really depends on your insurance company whether or not they'll take that into account.
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