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The free wind-mitigation home inspections offered by the program are still available. ... completed improvements and disclosed their insurance premium discounts, they report an average savings of ...
A homeowner with windstorm insurance can often submit the results of a windstorm inspection to their insurer to obtain discounts on their windstorm insurance. In Florida, for example, premium discounts for certain favorable wind mitigation features are mandated by State law and can total 45% of the original policy's premium. In coastal parts of ...
Install wind mitigation features: State law requires Florida home insurance companies to offer discounts for certain wind protection features, such as hurricane straps and other roof-bracing ...
The Florida Insurance Guaranty Association board met on March 31 and filed for an emergency assessment of 1% on all Florida property insurance policies. [32] That is in addition to a 0.7% for 2022, a 1.3% assessment from July 1 2022 to June 30 2023, and another 0.7% ending December 31 2023. [32]
Florida first began assisting military veterans when they returned from World War II in 1944, but it wasn't until 1988 that a constitutional amendment was approved by Florida's voters to create a specific agency for that purpose. The Florida Department of Veterans' Affairs was created in 1989.
Discount amounts can be capped: Though some home insurance discounts are stackable, most insurance companies cap the total amount you can save on a policy. Though the amount varies by the ...
The Veterans Affairs Life Insurance (VALife) program is a new benefit that provides guaranteed acceptance whole life insurance to veterans with service-connected disabilities. Additionally, Traumatic Injury Protection under Servicemembers' Group Life Insurance (TSGLI) provides short-term financial assistance to severely injured service members ...
Of the $165 billion in natural disaster–caused damage the U.S. experienced in 2022, $116 billion of it was in Florida. Average annual home insurance premiums are triple the national average ...