Premium Credits for Hurricane and Windstorm Mitigation

Hurricanes

Calculation

Credit Requirement

Non-Hurricane Deductible Credit (Optional)

@ $500 – 15% of Fire & Extended Coverage premium

Hurricane Deductible Credit

(Optional)

@ $500 – 10% of Hurricane premium

Fire Sprinkler  

10% of Fire premium.

Available for dwelling and contents coverages, where the dwelling is protected by an automatic sprinkler system, installed in accordance with National Fire Sprinkler Association Standards and maintained in accordance with nationally accepted standards. 

Windstorms

Calculation

Credit Requirement

Loss mitigation features: 

• Roof covering
• Roof deck attachment
• Roof-wall connection
• Window protection
• Door type; or
• Roof geometry

The Home Office will use the premium for the appropriate policy premium in conjunction with the loss mitigation factor tables filed with the Florida Office of Insurance Regulation. 

Proof that the loss mitigation features have been installed at the dwelling. For example, certification by a registered or licensed design professional could be required.  NOTE: the insured is responsible for the expense associated with substantiating the existence of the mitigation features.

Building Code Effectiveness Grading discount

Based on nationally recognized building standards, in conjunction with loss mitigation factor tables filed with the Florida Office of Insurance Regulation. 

Proof of the building code compliance