Insurance plays a critical role in community resilience. Strengthening properties against damage from natural disasters has several benefits, including reduced risk of loss and claim severity, competitive premiums and deductibles, and lower claims.
Flood mitigation, tornado safe rooms, and FORTIFIED can make a property more insurable. Mitigation and FORTIFIED construction credits are the primary methods we see that allow policyholders and insurers to recognize the reduced risks enhanced construction methods can have.
A FORTIFIED designation can decrease the impact of the current insurance crisis for many policyholders. Many insurance companies and underwriters trust the reduced risk a FORTIFIED designation represents and can provide the insured with a more affordable and comprehensive policy.
The Insurance Institute for Business and Home Safety issues a FORTIFIED Designation once a home has been re-roofed or built to either the FORTIFIED Roof, Silver, or Gold levels.
A FORTIFIED Designation can increase the value of the home by 7%, and the house can now withstand up to Hurricane Category 3 level wind and rain and tornado EF 2 wind.
Many insurance carriers offer a discount. To make sure, give the underwriter a call.
The cheapest insurance ends up costing you more. As with anything else in life, cheap does not equal the best quality.
You pay insurance premiums to protect your family from economic disaster and to get a check when bad things happen. These "bad things" are not unexpected because risk is part of life, no matter where you live.
Learn how insurance helps you be prepared to recover from a disaster and protects your home, property, and family.
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