Bungalows to Mansions Professional Home Inspection, LLC
Bruce M. Graham, III
- Sample 4 Point Inspection
- Four Point Inspectors
- 3 Mistakes
- Things to Look For
- Prebuilt Homes
- What Really Matters
- Why Pay More?
- Common Definitions
- EMFs in the Home
- Mold Information
- Mold & Moisture
- Mold Pictures
- Septic Systems
- Private Wells
- Water Quality
- Electrical Safety
- Child Safety
- Senior Safety Tips
- Safety Checklist
- Historic Renovation
WIND INSURANCE INSPECTION
Ways to Save up to 45% on Your Homeowners Wind Insurance Policy
Windstorm Mitigation Inspection - Wind Mitigation Certification
I specialize in inspections for the insurance industry (wind mitigation inspection, 4-point inspection). Allow me to help you lower your windstorm premiums. By simply contacting me, I can determine whether or not you are eligible for discounts that can save you up to 40% off your windstorm insurance.
Originally published on October 07, 2007
I've got good news and better news. The good news is that I just saved $1,600 a year on my homeowners insurance. The better news is that you may be able to do the same.
After I calmed down, my burning question was why didn't I know about this sooner? My insurance agent was quick to point out that they had done several mass mailing to their customers regarding this program, and they were doing their best to spread the word. I realized that those mailings probably ended up in my trash compactor. I wonder what other good news had I missed? Since then, I decided to lower my junk-mail filters just a tad, fearing I might have already thrown away the notice that Publishers Clearing House was going to be dropping by with a check the size of a minivan.
The legislative session of 2004 mandated that insurance companies offer discounts on all homes, even older ones, that contain wind loss mitigation characteristics similar to those of newer homes built under the Florida Building Code of 2001 (FBC 2001). Suppose you have had a new roof put on your home in 2004, for this you receive a credit because the new roof material and installation techniques meet or exceed the FBC 2001. The credit applies because you have a roof installed based on the FBC 2001 regardless of the age of your home. If you had the roof deck material, most of the time plywood, re-nailed when the roof was installed, chances are the nailing pattern is one that would allow for an additional discount as well.
Is this the ultimate answer to our insurance crisis? No, but any program that will reduce rates is a step in the right direction
Windstorm Mitigation Inspections must be performed by Certified Wind Mitigation Inspectors. I will inspect the home for features present and prepare the Uniform Mitigation Verification Inspection Form (OIR-B1-1802), This form was developed by the Office of Insurance Regulation and must be completed and signed by a Qualified Inspector (see below), to use in your request for reduced rates.
click on Mitigation Incentive Database
Windstorm construction features protect your home from catastrophic hurricane damage by strengthening your homes ability to withstand the uplift, shear and lateral forces of the wind associated with a hurricane to the exterior shell of your home. The features enhance the vulnerable components of your home's protective shell or envelope by fortifying your roof, exterior walls, windows and doors so they will not breach or fail in high winds. If this protective shell or envelope is breached, not only can wind-driven rain and debris enter your home causing considerable damage to its interior, but the high winds can enter your home and exert pressure on your walls and roof leading to catastrophic damage to your property.
Windstorm Mitigation Certification
Q & A
1. Why are insurance companies offering discounts?
The state legislation adopted provisions for a new statewide building code (the 2001 Florida Building Code), which became effective on March 1, 2002. The same legislation included a requirement for insurance companies to provide property insurance discounts for homes that have construction features that reduce the losses in windstorms. Each insurance company was required to submit new rates by February 28, 2003 and include discounts for wind damage reduction (mitigation) construction features.
The discounts are justified because stronger, more wind-resistive houses have lower windstorm losses, and lower windstorm losses means reduced costs to insurance companies. The insurance discounts provide some financial incentives for homeowners to strengthen their existing homes and for new construction to be built to the strongest options in the Florida Building Code.
To qualify for these discounts, most insurance companies require a certification of the key construction features.
2. What construction features qualify for discounts?
The following figure shows typical features that reduce wind damage. Over 90% of existing houses have one or more of these wind resistive construction features and may qualify for some insurance discounts. In addition, houses built after 1994 in Miami-Dade or
The following items are building features that reduce wind damage
3. What is the value of the Insurance Discounts?
The dollar value of the discounts depends on three primary factors.
1. The number of wind resistive construction features present on your home - Some individual features may qualify for 10% discount and others only a few percent. The more wind resistive features you have, the higher total discount will be. The discounts can be as high as 30% or more of the wind portion of the insurance premium. (The portion of your premium that is for wind losses is provided on your policy declaration page).
2. The location of your home - Wind insurance rates vary by location within the state. If your wind insurance rates are high, then the percentage discounts will result in more dollars for a house in a high rate area versus the same house in a lower rate area.
3. The value of your home - Discounts are calculated as a percentage of the wind premium for your specific home. High value homes have higher premiums, hence, the dollar value of the discounts will increase as the value of the home increases.
After the inspection you will receive a copy of the OIR-B1-1802 form, typically, it is the homeowner's responsibility to forward these papers to their agent or insurance company.
After Hurricane Andrew devastated South Florida in 1992, Miami-Dade, Broward, and unincorporated
8. What if my agent or insurance company refuses to accept the inspection results submitted on the proper form?