What Does the Pricing Division Do?

Pricing Division personnel perform inspections of commercial buildings and property throughout the state to develop and publish equitable fire and windstorm rates and related information. Our extensive database of buildings and property contains important underwriting information that is available to our Member Companies and their agents. This information is an important tool that assists underwriters in evaluating risks. Our field personnel are trained experts. They gather and measure fire and wind hazards for each inspection conducted.

Request for Specific Fire Rating Information

A request for specific fire rating form (CP1610) should be completed by insurance industry personnel and submitted to PIAL for any building that is not currently properly rated. A Pricing Division Field Representative will visit the property to inspect and establish the Group I and Group II rates. See copy of blank CP1610.

Automatic Sprinkler Systems General Information

The PIAL sprinkler schedule is used to specifically rate buildings that are equipped with automatic sprinkler systems. This schedule places the majority of emphasis on the sprinkler system itself. Construction, occupancy, square footage, etc. receive less emphasis in the rate makeup.

In order to receive credit for the sprinkler system and to be rated using our sprinkler schedule, we require: 1) Sprinkler plans and related information and, 2) Annual sprinkler test report. If these documents are not available, we rate the buildings as non-sprinklered with no credits for the sprinkler system. If over 20% of the areas requiring sprinkler protection are not protected, the building will not be rated as sprinklered.

Our field representatives review the sprinkler system design data to determine that sprinkler systems are installed in accordance with the standards set forth by the National Fire Protection Association (N.F.P.A.).

Items that cause higher rates:

  • Unsprinklered areas.
  • Sprinkler obstructions.
  • No central station alarm monitoring provided.
  • Heat not provided to protect sprinkler pipes from freezing.
  • Insufficient water supply.
  • Insufficient water pressure.
  • No extra sprinkler heads and wrench provided.
  • No data plate on sprinkler riser provided.
  • Unprotected vertical openings.
  • Nearby buildings (exposures). The charges are based on distance, occupancy, construction and square footage.

Building Plan Review Information

PIAL representatives can meet with insureds, architects and agents to discuss building construction details prior to buildings being built. We can assist on construction details, fire walls, sprinkler systems, etc. to keep the property insurance rates as low as possible.

General Functions of the Pricing Division

Inspections

Establish and update insurance rates for individual properties throughout the state.

Building Plan Review

Review proposed building plans with recommendations to keep property insurance rates at a minimum.

Sprinkler Plan Review

Review automatic sprinkler plans in order to apply applicable fire insurance credit.

Tentative Rates

Provide estimated, tentative rates for proposed or unrated buildings.

The Schedules We Provide

Rating Schedules

PIAL utilizes two rating schedules for specifically rated properties:

  1. The Louisiana Uniform Grading Schedule (UGS)
  2. The Restricted Schedule for Rating Sprinklered Risks (AS Schedule)

These rating schedules give PIAL the ability to carefully evaluate properties to develop and publish fire insurance rates.

UGS Schedule

The Uniform Grading Schedule (UGS) is used to specifically rate non-sprinklered properties that are not eligible for Class Rates. The schedule analyzes construction, occupancy, square footage, hazards, vertical openings, exposures from nearby properties, the ability of the fire department to access the property and other conditions. It also incorporates any applicable credits such as portable fire extinguishers and automatic fire alarm systems.

AS Schedule

The Automatic Sprinkler (AS) schedule is used to specifically rate properties that are equipped with automatic sprinkler systems. The schedule places the majority of its emphasis on the sprinkler system. The schedule analyzes water supply availability and requirements, unsprinklered areas, susceptibility to freezing, sprinkler obstructions, alarm systems, vertical openings, maintenance issues and draft conditions. The schedule also incorporates the same items for non-sprinklered properties such as construction, occupancy, etc.

What Does the Pricing Division Do?

Pricing Division personnel perform inspections of commercial buildings and property throughout the state to develop and publish equitable fire and windstorm rates and related information. Our extensive database of buildings and property contains important underwriting information that is available to our Member Companies and their agents. This information is an important tool that assists underwriters in evaluating risks. Our field personnel are trained experts. They gather and measure fire and wind hazards for each inspection conducted.

Request for Specific Fire Rating Information

A request for specific fire rating form (CP1610) should be completed by insurance industry personnel and submitted to PIAL for any building that is not currently properly rated. A Pricing Division Field Representative will visit the property to inspect and establish the Group I and Group II rates. See copy of blank CP1610.

Automatic Sprinkler Systems General Information

The PIAL sprinkler schedule is used to specifically rate buildings that are equipped with automatic sprinkler systems. This schedule places the majority of emphasis on the sprinkler system itself. Construction, occupancy, square footage, etc. receive less emphasis in the rate makeup.

In order to receive credit for the sprinkler system and to be rated using our sprinkler schedule, we require: 1) Sprinkler plans and related information and, 2) Annual sprinkler test report. If these documents are not available, we rate the buildings as non-sprinklered with no credits for the sprinkler system. If over 20% of the areas requiring sprinkler protection are not protected, the building will not be rated as sprinklered.

Our field representatives review the sprinkler system design data to determine that sprinkler systems are installed in accordance with the standards set forth by the National Fire Protection Association (N.F.P.A.).

Items that cause higher rates:

  • Unsprinklered areas.
  • Sprinkler obstructions.
  • No central station alarm monitoring provided.
  • Heat not provided to protect sprinkler pipes from freezing.
  • Insufficient water supply.
  • Insufficient water pressure.
  • No extra sprinkler heads and wrench provided.
  • No data plate on sprinkler riser provided.
  • Unprotected vertical openings.
  • Nearby buildings (exposures). The charges are based on distance, occupancy, construction and square footage.

General Functions of the Pricing Division

Inspections

Establish and update insurance rates for individual properties throughout the state.

Building Plan Review

Review proposed building plans with recommendations to keep property insurance rates at a minimum.

Sprinkler Plan Review

Review automatic sprinkler plans in order to apply applicable fire insurance credit.

Tentative Rates

Provide estimated, tentative rates for proposed or unrated buildings.

The Schedules We Provide

Rating Schedules

PIAL utilizes two rating schedules for specifically rated properties:

  1. The Louisiana Uniform Grading Schedule (UGS)
  2. The Restricted Schedule for Rating Sprinklered Risks (AS Schedule)

These rating schedules give PIAL the ability to carefully evaluate properties to develop and publish fire insurance rates.

UGS Schedule

The Uniform Grading Schedule (UGS) is used to specifically rate non-sprinklered properties that are not eligible for Class Rates. The schedule analyzes construction, occupancy, square footage, hazards, vertical openings, exposures from nearby properties, the ability of the fire department to access the property and other conditions. It also incorporates any applicable credits such as portable fire extinguishers and automatic fire alarm systems.

AS Schedule

The Automatic Sprinkler (AS) schedule is used to specifically rate properties that are equipped with automatic sprinkler systems. The schedule places the majority of its emphasis on the sprinkler system. The schedule analyzes water supply availability and requirements, unsprinklered areas, susceptibility to freezing, sprinkler obstructions, alarm systems, vertical openings, maintenance issues and draft conditions. The schedule also incorporates the same items for non-sprinklered properties such as construction, occupancy, etc.