Washington OIC Issues Fire Alarm Discount Survey Letter

Washington OIC Issues Fire Alarm Discount Survey Letter


The Washington Office of the Insurance Commissioner (OIC) has issued a special data call requiring insurers to provide information regarding the use of smoke detection rate discounts. The letter (link below) was a result of a new law requiring the OIC to report to the Washington legislature the use of fire alarm and smoke detection device rate discounts prior to and after July 28, 2019, and the type of fire alarm or smoke detection device qualifying for a credit or discount.

All companies that cover residential dwellings of any type must fully complete the survey, which is linked in the letter. Companies not covering residential dwellings of any type, including a single-family residence, apartment, condominium, or cooperative unit, must complete question one on the survey. Companies offering multiple product lines that include different rate discounts must submit them through individual surveys.

The full list of survey questions can be found on the OIC’s website (link below). The mandatory survey must be completed no later than 5:00 p.m. on September 2, 2020. Failure to complete this survey may result in enforcement action. Questions can be directed to David Forte, at DavidF@oic.wa.gov.


Link to Letter

Link to Survey