Breakaway walls natural protecbons cyclones tropical

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Unformatted text preview: s & Zoning §༊  §༊  §༊  Homes can be made much more resistant to hurricane damage at cost of 1.8- 3.7% increase Increased standards are oZen resisted State and local governments responsible for creaGng and enforcing their own codes Homeowners Insurance §༊  §༊  Almost all insurance companies increased cost of coverage aZer four disastrous 2004 hurricanes Recent major hurricanes Ivan, Katrina and Rita led insurance companies to §༊  §༊  §༊  §༊  §༊  DramaGcally increase premiums in suscepGble areas Impose deducGbles as high as $20,000 Cap replacement and rebuilding costs Exclude wind damages, require addiGonal premiums for wind coverage Cancel about 1 million homeowners’ policies since 2004 Homeowners Insurance §༊  State- run insurance pro...
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