Louisiana homeowners could see significant savings on property insurance through wind mitigation inspections, especially in the wake of increased premiums caused by recent hurricanes. Insurance Commissioner Tim Temple says homes with strong wind mitigation measures such as having a Fortified Roof, can qualify for discounts on their insurance premiums, as they are less likely to suffer extensive damage during storms.
“Put on a “Fortified Roof, make sure its Fortified, certified Fortified Roofer, but also if you pay for that yourself you can get a tax deduction up to five-thousand-dollars for that expense.”
Temple says these inspections assess a home’s resilience against wind damage, looking at features like roof shape, window protection, and how well the roof is attached to the walls.
“These are discounts that the insurance companies have filed because they recognize that when you have these types of additional construction features that your home is more resilient.”
Temple encourages homeowners to invest in these inspections, as the potential savings can be substantial, sometimes reducing premiums by hundreds or even thousands of dollars annually.
“Get your wind mitigation surveyor go talk to them. Find out what the insurance companies are looking for, do that, and make sure you have that because you will get additional credits. It’s important, and look its not a secret, your not gaming the system.”
The importance of these inspections has grown as insurance companies have been raising rates or withdrawing from the Louisiana market due to the high risk of hurricane damage.
Visit LDI.la.gov for more information.
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