Premium Credits for Hurricane and Windstorm Mitigation
For Florida Residents
ATTENTION FLORIDA RESIDENTS:
Â鶹ŮÀÉ Life offers United Casualty Insurance Company of America policyholders certain credits for its Contents policy for hurricane and windstorm mitigation, in accordance with state law and regulation. Please see the chart below for an overview of the available credits, and please contact us for details.
CONTENTS POLICY - Forms 201 and 201M
Hurricanes | Calculation | Credit Requirement |
Non-Hurricane Deductible Credit (Optional) | @ $500 – 15% of Fire & Extended Coverage premium |
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Hurricane Deductible Credit (Optional) | @ $500 – 10% of Hurricane premium |
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Fire Sprinkler | 10% of Fire premium. | Available for dwelling and contents coverages, where the dwelling is protected by an automatic sprinkler system, installed in accordance with National Fire Sprinkler Association Standards and maintained in accordance with nationally accepted standards. |
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Windstorms | Calculation | Credit Requirement |
Loss mitigation features:
| The Home Office will use the premium for the appropriate policy premium in conjunction with the loss mitigation factor tables filed with the Florida Office of Insurance Regulation. | Proof that the loss mitigation features have been installed at the dwelling. For example, certification by a registered or licensed design professional could be required. NOTE: the insured is responsible for the expense associated with substantiating the existence of the mitigation features. |
Building Code Effectiveness Grading discount | Based on nationally recognized building standards, in conjunction with loss mitigation factor tables filed with the Florida Office of Insurance Regulation. | Proof of the building code compliance |
Contents Policy Forms 201 and 201M in Florida are underwritten by United Casualty Insurance Company of America, a Â鶹ŮÀÉ Life company.
Â鶹ŮÀÉ Life is the brand name for insurance products issued by subsidiary insurance companies controlled by Â鶹ŮÀÉ Corporation.
Each subsidiary of Â鶹ŮÀÉ Corporation is solely responsible for the insurance products it underwrites and issues.
FL-WUCICA