How is Wind Mitigation Credit incorporated into the quote?
On the application screen, after the ‘Property Details’ and ‘Coverage Options’ tabs, a ‘Wind Mitigation Features’ tab is apparent. Using this tab, the appropriate Wind Mitigation features may be selected and incorporated into the policy quote to calculate the appropriate Wind Mitigation credit. For homes built on or after 2002, the ‘Building Characteristics’ values default to selections resulting in a 68% Wind Mitigation credit factor, as this is the minimum credit applied to such risks. For homes built before 2002, the ‘Building Characteristics’ values below default to selections resulting in a 0% Wind Mitigation credit factor, as older homes do not mandate any Wind Mitigation credit. The ‘Wind Mitigation Features’ form is segmented into two sections: ‘Building Characteristics’ and ‘Location Specifics’. The questions contained within the ‘Building Characteristics’ section summarize those characteristics pertaining to the actual building structure, such as Florida Building Code Equival
