What about a standard hurricane mitigation form that all companies would have to accept?
Hurricane mitigation bill off to Crist – Naples News May 4, 2007
Michael Peltier covers a bill being sent to Governor Charlie Crist that would offer free home inspections and matching grants for those living in high risk coastal areas of Florida. So far the My Safe Florida Home program has been little more than an “inspection program” that has not done much to reduce the cost of homeowners insurance in Florida. That’s because the legislature eliminated most of the matching grants. So inspectors are making a ton of money doing inspections but the homes are not being hurricane hardened the way they should be because homeowners don’t have the money to make the upgrades.
During the Florida Homeowners Insurance Crisis, many things have still not been addressed. One of them is the fact that when you have an inspection done on your home to evaluate your hurricane mitigation discounts, each company requires the inspection information to be put on their form – instead of a standard form that would be accepted by all carriers. At a time when there has never been more confusion about high insurance rates and when insurance agents are spending a huge amount of time trying to service their customer base, a huge amount of time is being wasted transferring the “exact” same information from one insurance company’s form to another company’s form. And while these wasteful steps are taking place, you still have to pay the insurance premiums at the higher rates until this paperwork is processed.
Huge time wasters like this need to go away during the Florida Homeowners Insurance Crisis. We don’t have time for them. Get involved with the crisis and let your legislators know how you feel!
Find out more about companies that are still writing private homeowners insurance in Florida and use the Home Insurance Buyers Guide to put your Florida homeowners insurance out to bid!