How to save $$$ on your FL Home's Insurance Policy
Posted 05-08-2017 at 05:13 PM by Sunshine Rules
Shopping for insurance for your home purchase is never a fun task. But there are ways you can save money on your insurance here in FL.
Do you have a newer roof? Have the windows been replaced (with permits)? Has the garage door been replaced in the past few years? Any of those things can potentially save you money on your insurance rates if you have a wind mitigation inspection done on your home.
Wind mitigation discounts are available from Florida insurance companies for building features that reduce damage during high wind events like hurricanes. Building features that reduce wind damage and can lower wind insurance premiums include:
Age of Roof Covering
Rood Deck Attachment
Roof Shape
Roof to wall attachment
Opening Protection (windows, Doors, Garage Doors)
Secondary Water Resistance
If you roof is newer than 2002 you will qualify for the Age of Roof Covering Credit. If you Roof Slopes on all 4 sides then you will qualify for the Roof Shape discount. Others discounts are not as easily determined and will require inspection your attic. A licensed wind mitigation inspector can determine which credits your home is eligible for. After his inspection he/she will provide you with a Wind Mitigation Form that you will provide to your insurance agent. They will then apply the credit to your policy and it will reduce your rate.
Your insurance agent should be able to give you a list of inspector names.
One last money saving tip when buying: If your home inspector is certified to do wind mitigation inspections as well, you can often get a discount on the wind mit inspection when you have that inspection done at the same time as your standard home inspection. Be sure to ask your home inspector about discounts.
Do you have a newer roof? Have the windows been replaced (with permits)? Has the garage door been replaced in the past few years? Any of those things can potentially save you money on your insurance rates if you have a wind mitigation inspection done on your home.
Wind mitigation discounts are available from Florida insurance companies for building features that reduce damage during high wind events like hurricanes. Building features that reduce wind damage and can lower wind insurance premiums include:
Age of Roof Covering
Rood Deck Attachment
Roof Shape
Roof to wall attachment
Opening Protection (windows, Doors, Garage Doors)
Secondary Water Resistance
If you roof is newer than 2002 you will qualify for the Age of Roof Covering Credit. If you Roof Slopes on all 4 sides then you will qualify for the Roof Shape discount. Others discounts are not as easily determined and will require inspection your attic. A licensed wind mitigation inspector can determine which credits your home is eligible for. After his inspection he/she will provide you with a Wind Mitigation Form that you will provide to your insurance agent. They will then apply the credit to your policy and it will reduce your rate.
Your insurance agent should be able to give you a list of inspector names.
One last money saving tip when buying: If your home inspector is certified to do wind mitigation inspections as well, you can often get a discount on the wind mit inspection when you have that inspection done at the same time as your standard home inspection. Be sure to ask your home inspector about discounts.
