The city of Roanoke recently was assigned a Building Code Effectiveness Grading schedule (BCEGS) grade of one, an exemplary commitment to building code enforcement. The evaluation was performed on Dec. 28, 2012, which is done every five years.
According to ISO, the BCEGS program assigns each municipality a BCEGS grade of 1 (exemplary commitment to building-code enforcement) to 10. ISO gives insurers BCEGS classifications, BCEGS advisory credits and related underwriting information. The anticipated result of the system is to encourage safer buildings, less damage and lower insured losses from catastrophes. ISO began implementing the program in states with high exposure to wind hazards, high seismic exposure and continued throughout the rest of the county.
There are only four communities across the nation that received a grade of one in commercial lines, and none in Virginia before Roanoke.
To find out more information about BCEGS, visit http://www.isomitigation.com/bcegs/0000/bcegs0001.html.