Effective July 1, 2009 MWUA policies may receive credits for risks constructed in jurisdictions which have been graded with the Building Code Effectiveness Grading Schedule (BCEGS) for residential and commercial structures. BCEGS develops classifications of 1 thru 10 for a community based on the adequacy of its building code and the effectiveness of its enforcement of that code. A copy of the certificate of occupancy for the location must be provided to MWUA in order for the credit to be applied. The MWUA will use the classifications as established by the Mississippi State Rating Bureau (MSRB). Please note that structures qualifying for the IBHS Fortified Home designation will also qualify for a BCEGS Class 1.
Complete details of the residential BCEGS program are explained in the ISO Homeowner's Manual (Rule 410).
The Mississippi State Rating Bureau BCEGS classifications for the graded coastal communities as of June 1, 2009.
The Mississippi Windstorm Underwriting Association premium credits for both commercial and dwelling.
Complete details of the BCEGS program for commercial properties is explained in the ISO Commercial Lines Manual.