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Snapshot: 425,335 Inspection Applicants. 30% from South Florida. 28 ... Snapshot: 37,990 Grants Approved. 27,856 grants through Department of Financial Services ... – PowerPoint PPT presentation

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Title: Snapshot:


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10
  • Snapshot
  • 425,335 Inspection Applicants
  • 30 from South Florida
  • 28 from the West Coast
  • 20 from the East Coast
  • 12 from Interior Counties
  • 10 from the Panhandle

20
12
28
30
MSFH Advisory Council Meeting September 25, 2008
3
Plan A Estimated Costs 3,748 Average Discounts
24 Rating Scale Moved 47 to 58
INSPECTION RESULTS On average, homes inspected
scored a 47 on a scale of 0 to 100 for their
ability to withstand damage from hurricane
winds.
Plan B Estimated Costs 6,251 Average Discounts
27 Rating Scale Moved 47 to 65
  • Plan C
  • Estimated Costs 9,493
  • Average Discounts 30
  • Rating Scale Moved 47 to 74
  • (Wind portion of premium)

MSFH Advisory Council Meeting September 25, 2008
4
INSPECTION RESULTS Of 374,469 inspections
completed, more than 207,974 homeowners (56)
were eligible for 218 in insurance savings on
average without hammering the first nail.
MSFH Advisory Council Meeting September 25, 2008
5
  • Snapshot 37,990 Grants Approved
  • 27,856 grants through Department of Financial
    Services
  • 7,214 grants through Volunteer Florida Foundation
  • 20 million partnership with 20 non-profits
  • 2,920 grants through 17 local governments
  • 12.8 million partnership
  • Nearly 6 million in additional funds leveraged

MSFH Advisory Council Meeting September 25, 2008
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10

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  • Grant Applicants
  • 50 from South Florida
  • 25 from the West Coast
  • 14 from the East Coast
  • 10 from the Panhandle
  • Less than 1 from Interior Counties

25
50
MSFH Advisory Council Meeting September 25, 2008
7
GRANT RESULTS 18,604 homes completed to date
290 homes a week 92 of homeowners choose to
protect openings. Average grant reimbursement to
date Approx. 3,229
MSFH Advisory Council Meeting September 25, 2008
8
  • OTHER NEWS
  • No qualified vendors for Loan Program (10
    million)
  • Letters sent by Chairman Hays/Advisory Council
  • 2008 legislation impacting the program (SB 2830)
  • Research project conducted by NCEP

MSFH Advisory Council Meeting September 25, 2008
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