| "Using Your Report for Insurance Discounts" | ||||||||||||||
|
How to Use Your Hurricane Protection Inspection Report“Florida law requires insurance companies to offer homeowners discounts or credits for existing building features or home improvements that reduce damage and loss from hurricanes. Florida insurance companies are required to file these discounts with the Office of Insurance Regulation”. This is a quote taken from the Florida Department of financial Services web site http://www.mysafefloridahome.com/insurance.asp Now it is up to you, the homeowner to document to your insurance company the features of your home that qualify you for the lowest rates available. Each insurance company is different, the rates they offer are different and their requirements for receiving discounted rates vary. We have done the tough part by documenting what is present in your home. You should visit the web site above and Take the Florida Wind Insurance Incentives Survey provided by the Florida Department of Community Affairs at www.FloridaWindIncentives.org. (http://www.dca.state.fl.us/fdem/mitdb/index.cfm) HOW TO APPLY FOR YOUR INSURANCE DISCOUNT1. Contact your agent or your company directly to find out the specific items for which discounts are available.2. Verify the amount of the discount for each item as it applies to YOUR policy. Example: Hurricane shutters will result in a 30 percent discount on the Windstorm premium. The windstorm premium is $300 of the total $600 annual premium. Therefore, the discount will equal a $90 annual savings on the premium. 3. Request the specific criteria that is needed to apply for and receive the discounts that are listed for your company. Example: Does the roof need to be inspected by a certified wind inspector? Do the shutters need to meet a specific wind resistance rating? 4. Verify the documentation that needs to be submitted in order to apply for and receive the discounts. Example: photos of the items installed, proof of purchase and installation. 5. Verify to whom the documentation should be submitted. Be sure to keep copies of all documentation, the date submitted and the mailing verification information. 6. Request confirmation of when the discount will take effect. 7. Verify if the discount will be in the form of a premium discount, a credit to your premium balance or a refund on premium paid. In most cases Our Inspection Report along with your additional documentation will suffice in meeting insurance company’s requirements to qualify for discounted rates. If you have additional questions please contact us at (321) 777-1538. Visit our Wind Certification Inspection Page for Details about Our Inspection and Report |
|||||||||||||
| Return to Top | ||||||||||||||
| Copyright 2000-2006 Tepee Inspections, Inc | ||||||||||||||
