How much will you save? The dollar value of the discounts depends on three primary factors:
The number of wind resistive construction features present on your home – Some individual features may qualify for 10% discount and others only a few percent. The more wind resistive features you have, the higher total discount will be. The discounts can be as high as 30% or more of the wind portion of the insurance premium. (The portion of your premium that is for wind losses is provided on your policy declaration page).
The location of your home – Wind insurance rates vary by location within the state. If your wind insurance rates are high, then the percentage discounts will result in more dollars for a house in a high rate area versus the same house in a lower rate area.
The value of your home – Discounts are calculated as a percentage of the wind premium for your specific home. High value homes have higher premiums, hence, the dollar value of the discounts will increase as the value of the home increases.
Contact your insurance company to determine the
potential value of the discounts for your house.