Fortify Your Castle Part Deux: The Mississippi Windpool finally recognizes the building code.

Three and a half years in the making, policyholders that build in communities with the latest building codes will receive a discount. Homeowners who retrofit their houses will also get a discount. Anita Lee has the story from a bit over a week ago:

Changes coming July 1 to the state wind pool will reward communities that have adopted and are enforcing stronger building codes.

The wind pool will offer discounts to businesses and homeowners with structures built to stronger standards.

Wind pool board member Dave Treutel of Bay St. Louis said the South Mississippi insurer of last resort also will for the first time offer residents alternate-living-arrangements reimbursement when a mandatory evacuation has been declared. In addition, he said, policies will be easier to read.

Residents who live in homes built before stronger standards were adopted can receive discounts on premiums by retrofitting their homes. Those discounts will range from 12 to 30 percent.

“We’re recognizing those, and crediting those who have done well,” Treutel said, “not beating those who haven’t. But in reality, communities that haven’t had strong codes will not do as well.” Continue reading “Fortify Your Castle Part Deux: The Mississippi Windpool finally recognizes the building code.”