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Sunday, February 19, 2012

Increase In Response Time Will Not Raise Fire Insurance Rates

The local firefighters union claims that due to the recent budget cuts, response times will be going up by 2 to 3 minutes and will cause an increase to fire insurance rates.

But the VP of TD Insurance Henry Blumenthal tells CHSJ News a bump in the response time by a few minutes will not affect your rate.

He says the main criteria for fire rates is based on distance, not response time.

He adds it would take a huge increase in the response time for rates to be affected.