Homeowner’s Insurance 101: Wind Mitigation

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First, what is wind mitigation?

The homebuying process is a long and complicated one. And the homeowner’s insurance requirements in Florida don’t make the process any easier.

One of the things you must do right is the wind mitigation report. Here in Florida, this is an extremely important part of the insurance process.

When you do your home inspection after you go under contract, you need to make sure you have a Wind Mitigation Inspection done at the same time. It’s usually cheaper when you do it together.

Having a WIND MITIGATION inspection on your home can help you reduce the costs of your wind insurance premium. The report is certified for up to 5 years after the inspection. A Florida mandate requires insurance companies to reduce rates for homes that have specific wind mitigation features that make them better equipped to withstand storms.

What is a wind mitigation, exactly?

Wind Mitigation inspections reports on the wind resistance features of a home, building or structure.
They were developed to save home owners money on their home insurance by crediting them on the features on the home that decrease the amount of damage that may occur during a hurricane or strong windstorm.

The report and wind premium discounts are based on the inspection of these 9 factors: 

1. Florida Building Code (up to an 86% discount)
2. Roof Covering (up to an 11% discount)
3. Roof Deck Attachment (up to a 9% discount)
4. Roof to Wall Attachment (up to a 35% discount)
5. Roof Shape (up to a 47% discount)
6. Gable End Bracing
7. Wall Construction Type (CBS vs. wood)
8. Secondary Water Resistance (certified)
9. Opening Protection (up to a 44% discount)

Your discounts will probably vary based on your individual insurance company. Some companies offer bigger discounts for the same thing that other’s offer a smaller discount on. That’s why it pays to work with an insurance agent who can steer you in the right direction based on what you know you have from your wind mitigation report.

Your insurance agent might know of one company that favors “straps” over “clips”, so you can get better bottom-line discount based on what you know you have.

The wind mitigation report must be performed by a certified wind mitigation inspector. The inspector looks for things like how your roof is attached to the beams; the construction quality of the house; and the type of roof you have.

The wind mitigation inspector’s job is to determine just how at risk your home is for damage during a major storm. The more precautions the builder’s took when building your home (or the wind mitigation upgrades past owner’s of your home have made prior to selling) will determine how much your wind insurance premium will be, and if there are any discounts you can take advantage of.

Remember, wind insurance in Florida is required by law, and you cannot get funded with a mortgage without it.

Got questions on your wind mitigation for a home? Give us a call anytime at 561-500-LIST (5478) to discuss how we might be able to help!

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