Mississippi Homeowners can Reduce Insurance Costs
Mississippi Homeowners can Reduce Insurance Costs
FORTIFIED Designation may Reduce your Homeowners Insurance Costs click here for more information
Grants could help South Mississippians fortify homes against hurricanes
Read more here: http://www.sunherald.com/2013/03/02/4502689/grants-could-help-south-mississippians.html#storylink=cpy
By MICHAEL NEWSOM — mmnewsom@sunherald.com
A Mississippi group is trying to get the word out about grants available to fortify homes to minimize hurricane damage, which could mean big insurance discounts.
The Windstorm Mitigation Coordinating Council recently met with the Sun Herald to discuss the program called Coastal Retrofit Mississippi. It's funded with $27 million from FEMA and it will cover about 90 percent of the cost to retrofit Hancock, Harrison and Jackson county homes with hurricane shutters, hurricane straps and other enhancements.
Coastal Retrofit Mississippi is a division of the Mississippi Emergency Management Agency. Mike Ferdinand, who heads the Biloxi-based CRM, said it's time to act to keep homes safe in the coming storm season.
Read more here: http://www.sunherald.com/2013/03/02/4502689/grants-could-help-south-mississippians.html#storylink=cpy
READ THE FULL STORY HERE
Bay-Waveland Habitat building Fortified homes
Disaster-Smart Providing Evlautions
By ANITA LEE — calee@sunherald.com
BAY ST. LOUIS -- Heather Adams and her two children watched the sturdy cedar home built by her grandparents tear apart in Hurricane Katrina, forcing them to flee in the driving wind to a relative's brick home nearby.
She knows better than most the value of the home she hopes to move her family into in March. They will occupy the first house for which Bay-Waveland Habitat for Humanity expects to receive Fortified certification. The certification qualifies the house for wind insurance discounts and also means it should withstand winds of 150 miles per hour.
Read more here: http://www.sunherald.com/2012/12/10/4350709/bay-waveland-habitat-building.html#storylink=cpy
READ THE FULL STORY HERE
Mississippi Law Calling for Hurricane Mitigation Credits Takes Effect
August 6, 2012
Mississippi residents along the state’s coastline who are building new homes or chose to strengthen their current homes against hurricane damage can now qualify for premium credits from their property insurer.
Under a new law that took effect last month, for the first time property insurers are required to give wind mitigation credits to qualified new and existing homeowners in Harrison, Hancock, Jackson, Stone, and Pearl River counties.
READ THE FULL STORY HERE
Mississippi House Passes Insurance Discounts for Strong Homes
By JEFF AMY | March 15, 2012
The Mississippi House passed a bill Tuesday to require insurance companies to offer discounts on costly hurricane coverage in five southern counties, including three on the coast.
Discounts are required by July 2013. They would go to single-family homes and some manufactured homes for meeting strong-house standards in the current building code, those established by the Institute for Business and Home Safety or other state-approved standards.
The idea is that a roof that’s less subject to leaks, or a garage door that’s been reinforced so it won’t blow in will prevent damage during a hurricane. That means the homeowner and the insurer will see lower financial losses, and the insurer can charge lower rates.
READ THE FULL STORY HERE
State Farm to Offer Storm Mitigation Credits in Mississippi
State Farm will offer discounts in Mississippi beginning May 1 for homes and rental property strengthened against wind damage.
Insurance Commissioner Mike Chaney told The Sun Herald that he approved State Farm’s plan to offer the mitigation discounts. They will apply to new construction and retrofits to older homes.
Discounts range from 8 to 30 percent, depending on the location of a home, condominium unit or rental property and construction techniques used.
Chaney said the highest discount is available only to policyholders south of Interstate 10 who meet strict guidelines for new construction, including hurricane mitigation measures, set by the insurance industry’s Institute for Business and Home Safety.
READ THE FULL STORY HERE
Information contained on this page is provided by companies via press release distributed through PR Newswire, an independent third-party content provider. PR Newswire, WorldNow and this Station make no warranties or representations in connection therewith.
SOURCE PURE Insurance
WHITE PLAINS, N.Y., April 10, 2012 /PRNewswire/ -- Privilege Underwriters Reciprocal Exchange (PURE) today announced the expansion of its customized property and casualty insurance coverage to owners of well-built, high-value homes in Mississippi.
READ THE FULL STORY HERE
Travelers Introduces New Wind Credit for Fortified Homes on Eve of Hurricane Season
WASHINGTON--(BUSINESS WIRE)--
Travelers today announced it is introducing a wind credit for fortified homes in Texas that meet established standards designed to resist the impacts of tropical storm and hurricane winds. Travelers currently offers similar credits in Alabama and Mississippi.
“Homes built to meet these stringent standards are better able to withstand severe weather, saving lives and reducing property losses, and we want to promote and raise awareness of these smarter building practices,” said Greg Toczydlowski, President of Personal Insurance for Travelers. “We hope this initiative and meaningful wind credit will encourage homeowners, builders and building officials to adopt these disaster resistant standards.”
READ THE FULL STORY HERE
Wind mitigation, safety, FORTIFIED, pensacola insurance inspections, four point inspection, underwriting, risk management, Baldwin county, habitat for humanity, mobile county, jackson county, pensacola wind mitigation inspections, wind mitigation inspection, inspections, pensacola inspections, pensacola insurance inspections, mark taylor, pensacola home inspection, home inspections, fort walton beach, gulf breeze, navarre, destin, niceville, valparaiso, milton, pace, panama city beach, rosemary beach, grayton beach, crestview, defuniak springs, state farm, chartis, pure, universal property and casualty insurance, farmers, bankers, southern oak, tower hill, nationwide, allstate, saw grass mutual, wilshire, coastal risk underwriters, orchid insurance, insureance discounts, lower your insurance costs, Alabama insurance discounts, Mississippi insurance discounts, florida insurance discounts
