What is a Wind Mitigation Inspection, and Why is it Important in Florida?
People living in coastal states have more to be concerned about in terms of insurance. This is because their properties are more prone to floods and wind damage. Sometimes people move to these areas, and they are unaware of the potential damages they may face in the event of a natural disaster. Hurricanes are not a strange occurrence in Florida. The issue is that it is not always known ahead of time what the next hurricane seasons will bring with them. There are some hurricanes that are milder than others. Since it is impossible to know what lies ahead, it makes sense to invest in florida wind insurance.
Is Wind Mitigation Mandatory?
Despite the importance of having wind insurance, it is not mandated in the state of Florida. This is why some people choose to take a gamble. They think about the money they save by not investing in the insurance, but the costs associated with not having it can be on the high-end. This means that you can save money by ensuring that you get a wind mitigation report. Treat the importance of this report with the same amount of due diligence you place upon a 4 point inspection. Four point inspections encompass roofing, plumbing, electrical and HVAC inspections.
Is it automatically performed during 4 point inspections?
So, at this point you may be wondering, “what is a wind mitigation inspection?” These are inspections that can yield insurance savings for residents in coastal areas. Insurance companies can offer better rates to people who mitigate their properties according to the issues that are found in the report. Many newer properties may not have any risks of damages. The report is needed though as a means of ensuring that this is the case.
What are some areas of properties that require mitigation?
Keep in mind that high winds can blow off rooftops and cause other types of damages too. If you are mitigating a property, the windows and doors will require attention. Some people choose to upgrade their windows to options that can withstand high-impact projectiles. For example, during a storm, objects may be thrust into windows. If the windows are made of glass, they could break. Damages can also occur to doors that can not withstand impact.
In the case of rooftops, you may need to invest in a roof that can resist high winds. Another option would be investing in roof coverings that shield the property from severe storms. If you have a covered deck, the roof on it also need to mitigated correctly.
How does a person get the inspection completed?
You must choose an approved inspector. Do not worry about things that the report uncovers. These are things that you need to fix to ensure that your home can pass the next inspection and qualify for incentives in the future. Remember, fixing the issues noted in the report by means of upgrading can save you money and make your property safer.
Are there other areas that require mitigation?
Most coastal storms involve wind and water. You will need to ensure that you have a secondary water barrier. Water damage is one of the most difficult types of cleanups. If a storm hits and affects a huge area, cleanup times can be extended. This gives mold, mildew and other types of damage the opportunity to thrive. Having barriers in place reduces the chances of your property being at risk for this type of damage, and insurance companies reward the effort accordingly.
Is upgrading alone enough?
No. Do not take the report from the inspector, and proceed to make upgrades on your own. For example, a recommendation for roofing upgrades should not be done in haste. This is because you must choose roofing materials that meet the Florida code. You cannot simply choose to install a new roof because the materials may not meet the code. That would mean that your expensive investment will do little in regards to saving money and passing the next wind mitigation inspection in North Port Fl.
An inspector is the best resource to use if you need to upgrade. They can offer their expertise to contractors which will ensure that the correct materials and upgrades are made to your property.
Are the savings worth it?
This all depends. Property owners can expect to save 30% on their insurance premiums by taking this step. The actual savings in dollars will vary. This is because of a number of different factors. If you are hesitant, consider whether a few hundred to a couple of thousand dollars is enough incentive for you to take this step. Most property owners are glad that they took the step. This is because of the dual benefits of insurance savings and safer properties. Be prepared to provide documentation of the upgrades you have completed as well as the most current inspection.