May 23, 2013

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Coastal Homeowners Get Credit On Home Owner's Insurance

Qualified coastal residents will get a credit on their homeowners insurance policies, thanks to a order by Insurance Commission Wayne Goodwin.

The approved mitigation credits will provide premium discounts for wind and hail coverages on homes with qualifying construction features that help mitigate damage and insurance losses.

The credits will be effective May 1, 2011 and apply to policies written in the voluntary market and the beach plan within the 18 coastal counties.

To find out if you qualify you should contact your insurance agent and/or company.


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