We just renewed our homeowners policy ($3200). We are entitled to a discount for hurricane wind mitigation and other factors. We had to pay for an inspection ($100) to see if our home qualifies for any discounts. There could be a possibility of up to $1000 discount if all areas are met.
Well, the wording on the inspection sheet is definitely in favor of the insurance. I have hurricane panels on all window openings. Our front and back door is wood (not a good thing). Our garage door (a swing up) is corrugated steel, but doesn't have a recent "Dade County Approved" certification. So because of the three unapproved openings, there is no wind mitigation even though all window openings are protected. Not even pro rated.
We had a recent re-roofing, which put us into a high category (hooray). So, to completely comply, we would have to change out two exterior doors to metal, and the garage door to just about the same type, but certified. The cost to do all that would be very high. Both exterior doors are not a standard size, and would have to be custom made, with metal jambs to fit our openings.
So, to spend that money to get a benefit over several years of a return is our problem right now. I'm thinking that the future cost of homeowners will not ever go down, and the money spent to save money will not be that great of a saving.
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Well, the wording on the inspection sheet is definitely in favor of the insurance. I have hurricane panels on all window openings. Our front and back door is wood (not a good thing). Our garage door (a swing up) is corrugated steel, but doesn't have a recent "Dade County Approved" certification. So because of the three unapproved openings, there is no wind mitigation even though all window openings are protected. Not even pro rated.
We had a recent re-roofing, which put us into a high category (hooray). So, to completely comply, we would have to change out two exterior doors to metal, and the garage door to just about the same type, but certified. The cost to do all that would be very high. Both exterior doors are not a standard size, and would have to be custom made, with metal jambs to fit our openings.
So, to spend that money to get a benefit over several years of a return is our problem right now. I'm thinking that the future cost of homeowners will not ever go down, and the money spent to save money will not be that great of a saving.
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