(1) In the case of fire insurance rates, consideration shall be given to the public protection grading for the area in which the property is located.
    (2) If the property is located within an area that has been graded by a licensed rating organization or insurer, the grading established by that entity shall apply.
    (3) If the provisions of subsection (2) do not apply and if the property is located within 5 road miles of a recognized responding fire department but more than 1000 feet from a public fire hydrant connected to an appropriate water supply, then the following alternate, creditable water supply shall be considered:
    (a) Lakes, ponds, swimming pools or water reservoirs that are accessible to a responding fire department that is equipped to appropriately use water from these sources.
    (b) Tanker trucks capable of carrying sufficient water for fire fighting purposes to any property within the protected area.
Rulemaking Authority Florida Statutes § 624.308(1). Law Implemented 624.307(1), 627.062 FS. History-New 8-4-92, Formerly 4-170.011.