To Schedule a wind Mitigation inspection please call 239-262-0058

The discounts insurers must provide for mitigation improvements on your home are currently submitted to the Office in percent ranges. For example, the discount for installing approved shutters to windows may be listed by your insurance company as 20% - 60%. The reason for the range is because many factors may affect the actual discount. A house on a barrier island with shutters may not get the same discount as a house with shutters in the middle of the state. Commissioner McCarty found these ranges unacceptable and of no real value for consumers wanting to make informed decisions about hardening their homes (and reducing their premiums). He proposed a Rule in January 2006, which was adopted by the Financial Services Commission, requiring companies to calculate exact discounts for every one of their policyholders, based on the location, age, and construction techniques of every home. This Rule requires insurers to begin using this new policyholder-specific information on March 1, 2007.

Remember, the current discount data is given in ranges; policyholder-specific information will be available next March.

Please note: The insurance companies provided the discount information below. While the Office analyzes the data submissions for completeness and reasonability, the data has not been formally audited or verified.

Wind Mitigation Form Calculations
Premium Discounts for Hurricane Loss Mitigation

Company Name: ABC INSURANCE COMPANY, INC.
Line of Business: Homeowners
Program Name: ABC Homeowners
Policy Type: HO3/HO4/HO6

The risk of loss from a hurricane is something that each Floridian faces. We know that hurricanes cannot be prevented, but many Floridians are not aware there are things they can do to better protect their property from damage or destruction. Certain construction techniques and features are very effective in protecting your property. If your property has these unique characteristics, you may qualify for a discount on your property insurance premiums.

What are the some of the construction techniques and features?
There are many different construction techniques and features. Some of the most common generally fall into one of the categories listed in below.

Calculating Your Discount

There are several important facts that you must understand prior to estimating any discounts to which you may be entitled. They are as follows:

First, the discounts for the construction techniques and features listed above are not cumulative. In other words, you simply cannot add up the above items to arrive at your discount. These construction techniques and features work together and your total discount is a function of all the property's features;

Second, as noted above, some of these construction techniques and features require independent certification from a licensed expert;

Finally, your policy premiums are generally separated into two parts, the "wind" portion and the "non-wind" portion. Any applicable discounts are applied only against the "wind" portion of your premium.

Now that we understand a little more about the application of the discounts, lets look at some examples. All of the examples below are for a residential structure. The policy premium is assumed to be $1,000 prior to any discounts; the "wind" portion is $600 and the "non-wind" portion is $400.

Example #1
Construction techniques and features for a home constructed in 2003 located within 1,500 feet of the coastline:

• Complies with the minimum requirements of the 2001 Florida Building Code
• No Shutters
• No Hip Roof Shape

• Complies with the minimum requirements of the 2001 Florida Building Code
• Shutters
• Hip Roof Shape

• Asphalt shingles connected with 6d nails
• No Shutters
• No Hip Roof Shape

• Asphalt shingles connected with 6d nails
• Shutters
• Hip Roof Shape