Building Codes Effectiveness Grading Schedule (BCEGS)
Term · Insurance and risk management · MLC-T-INS-000629
A system developed by the Insurance Services Office (ISO) that assesses the quality and enforcement of building codes in communities across the United States. It assigns a grade from 1 (exemplary) to 10 (no recognized code enforcement) based on the code's stringency and the jurisdiction's enforcement practices. Insurers use BCEGS scores to evaluate potential property losses from natural hazards and adjust premiums accordingly.
| Identifier | MLC-T-INS-000629 |
|---|---|
| Field | Insurance and risk management |
| Subject | Commercial Property |
| Abbreviation | BCEGS |
Record as JSON
{
"id": "MLC-T-INS-000629",
"term": "Building Codes Effectiveness Grading Schedule (BCEGS)",
"field": "Insurance and risk management",
"definition": "A system developed by the Insurance Services Office (ISO) that assesses the quality and enforcement of building codes in communities across the United States. It assigns a grade from 1 (exemplary) to 10 (no recognized code enforcement) based on the code's stringency and the jurisdiction's enforcement practices. Insurers use BCEGS scores to evaluate potential property losses from natural hazards and adjust premiums accordingly.",
"abbreviation": "BCEGS",
"subject": "Commercial Property",
"url": "https://mlchart.com/terminology/insurance/building-codes-effectiveness-grading-schedule-bcegs/"
}
Record 392 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.