Save On Your Insurance Premiums
Wind mitigation inspections have become a must-have requirement for reasonable insurance premiums. Most homeowners know of the benefit of getting these inspections and most insurance providers recommend getting one.
If you’ve had your home built or your roof replaced after March 2002, chances are, it qualifies for additional credit and reductions to your homeowner’s insurance premiums. These inspections need to be performed every 5 years to continue to receive the credit.
In 1992, after Hurricane Andrew clarified that Florida homes were not being built to withstand the local environment, lawmakers and insurance providers began changing the Florida Building Code. The updated Code requires that home builders use construction attributes that improve our homes at surviving the high wind conditions frequently seen in our state.
In 2006, Florida state lawmakers took action and appropriated $250 million to create the “My Safe Florida Home” Program. They created the program to help Floridians identify and make improvements to strengthen their homes against hurricanes through free wind inspections and grant funds.
The Florida legislature directed the “My Safe Florida Home” Program to target its resources to homeowners living in single-family, site-built homes in Florida, by providing up to 400,000 free wind inspections and at least 35,000 grants to eligible homeowners. From 2006 to 2009, the program provided inspections to over 400,000 homeowners and retrofitted nearly 33,000 homes.
The “My Safe Florida Home” program ended in 2009. Now, significant financial incentives exist for homeowners to protect their homes by rating structures based on wind vulnerability risk. This can translate into a plan that offers the first real opportunity to “fix” the problem of vulnerable housing stock in Florida. If given accurate and aim information, homeowners may invest in mitigation rather than higher insurance premiums. This will produce a “win-win-win” situation for the homeowner, the insurer, and the government.
A wind mitigation inspection generally takes about one hour. We will complete a Florida Office of Insurance Regulation OIR-B1-1802 (Rev. 01/12) form (1802 form or Wind Mit form) for your insurance company. We are licensed by the state of Florida to perform these inspections.
Savings For You
We submit the survey report findings to home insurance providers for additional credit and discounts. More often than not, the inspection report fee is more than recovered by savings with the first insurance premiums. Older homes that did not take part in the “My Safe Florida Home” program will not realize any savings since the dwellings are still vulnerable to being destroyed in High Velocity Hurricane winds.
If you have your home re-roofed, it requires the contractor to bring the roof sheathing up to current code, which will most likely qualify for additional discounts. The survey report is valid for 5 years. During the inspection, your inspector documents roof-to-wall ties, roof deck attachment, secondary water resistance (SWR) methods, roof covering and installation, wind and flying debris protection for the garage door and openings to the home, and documents the current condition of the dwelling.
We Can Help
You owe it to yourself to get the lowest insurance prmiums. If your home is ready to weather a hurricane, you might as well get it documented so you can receive the savings.