Establishes the strengthen homes program to promote the strengthening of homes in order to protect against severe weather through remodeling grants.
The bill establishes the strengthen homes program to promote the strengthening of homes in order to protect against severe weather. It provides for remodeling grants to retrofit roofs of insurable property to resist loss due to hurricane, tornado, or other catastrophic windstorm events. Additionally, it allows for premium discounts or insurance rate reductions for properties that meet fortified roof standards. The program is administered by the superintendent of financial services, who will establish eligibility requirements and application procedures.
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