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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 ...
Windstorm mitigation credits, which date back to 1993, are discounts provided to homeowners who invest in modifications that increase their homes’ resistance to storm damage.
The National Windstorm Impact Reduction Act Reauthorization of 2014 is a bill that would reauthorize the National Windstorm Impact Reduction Program (NWIRP), which was created to improve the understanding of windstorms and their impacts and to develop measures to reduce the damage they cause. [1]
House Bill 881 extends the My Safe Florida Home Program to more properties, waiving the wind-born region requirement. Also, the insured value of the eligible homes increased to $700,000, and the ...
Worldwide news site focused on natural disasters, mitigation and climate changes news "Global Risk Identification Program (GRIP)". GRIP. "BioCaster Global Health Monitor". National Institute of Informatics (NII). Archived from the original on 2014-05-04. "World Bank's Hazard Risk Management". World Bank. Archived from the original on 2010-04-09
If a policyholder has a certain roof, they can receive a 2% break — the largest discount for an individual mitigation measure provided by the company, which sells insurance in the state through ...
According to the 2008 Insurance Information Institute factbook, for every $100 of premium, in 2005 on average $16 went to fire and lightning, $30 to wind and hail, $11 to water damage and freezing, $4 for other causes, and $2 for theft.
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