amonagan
November 27, 2012, 3:27am
1
Interesting article regarding discounts for resistant garage doors - and recent judicial finding concerning the OIR form and this topic.
http://www.tampabay.com/news/business/banking/article1263366.ece
mwagner
November 27, 2012, 4:07am
2
Very interesting. Thanks for posting.
amonagan
November 27, 2012, 4:09am
3
You’re welcome. Interesting to see how this plays out :).
jshishilla
November 27, 2012, 12:49pm
5
It looks like we get a new form, unless they toss the whole program.
evandeven
November 27, 2012, 12:52pm
6
Looks like my estimate for the elimination of the wind mitigation program was a bit optimistic. It might be down to a year or less!
The forms used by property insurers across the state to calculate insurance discounts for homeowners are seriously flawed and must be completely thrown out, an administrative judge has found in a potentially groundbreaking ruling.
Property insurers across the state use the same forms to help calculate the proper discounts for homeowners. Last month’s ruling by Administrative Law Judge Robert Meale found that the forms — written by OIR — are invalid because they failed to provide separate discounts for homes with wind-resistant garage doors. Those discounts are required by law.
Because discounts are dependent on each other, one flaw in the form can impact the size of every other discount.** As a result, the judge nullified the entire mitigation form for all homes built before 2001, **when the more comprehensive Florida Building Code was enacted.
“Due to the interdependency of loss relativities and discounts, these omissions and understatement also raise the real possibility of distortion among the other loss relativities and discounts,” wrote Meale, hinting that homeowners across the state may have received incomplete discounts in recent years.
Until then, it looks like another form change is coming… :mrgreen: :mrgreen: :mrgreen: :mrgreen: :mrgreen: :mrgreen: :mrgreen: :mrgreen:
mmeeker
November 27, 2012, 1:17pm
7
Another example of an idiot that has no idea making the rules.
Why the heck would you get a discount for a garage door if the windows are NOT protected. It is an OPENING PROTECTION credit. Not separate door, garage, skylight,glassblock etc… credit.
evandeven
November 27, 2012, 1:33pm
8
mmeeker:
Another example of an idiot that has no idea making the rules.
Why the heck would you get a discount for a garage door if the windows are NOT protected. It is an OPENING PROTECTION credit. Not separate door, garage, skylight,glassblock etc… credit.
If you don’t get a discount for it, why is it on the form? Why have a rated garage door?
You should get a discount for each feature as it adds strength to, in most instances, an already strong structure.
While they are at it changing the form, maybe they can correct the “weakest” method of deck connection" to “strongest”.
mmeeker
November 27, 2012, 1:36pm
9
Because if the windows fail the garage door is not going to make one bit of a difference.
Standard glass WILL FAIL BEFORE a standard garage door. My opinion but I would put money on it.
evandeven
November 27, 2012, 1:40pm
10
A flimsy garage door will fail and cause a larger rush of wind to enter the home than most windows.
Studies conducted by state and federal agencies after Hurricanes Andrew and Charley found that many homes were destroyed when winds overpowered weak garage doors and rushed through homes. The pressure caused by the rush of wind caused roofs to cave in and walls to crumble.
As a result, several studies have found that fortifying old garage doors is one of the best ways to prevent wind damage during a hurricane.
khunt
November 27, 2012, 1:43pm
11
Just means more work for us. No way will the public let this program die and fall away while losing all of their discounts. If they make sweeping changes to the form, we will all just be doing the inspections all over again.
evandeven
November 27, 2012, 1:50pm
12
I would disagree.
As I have been saying all along, your insurance is based on replacement cost then divided over a period of time. I suspect that a change to the formula as it pertains to the time number will occur, and new rates will be coming out.
jburkeson1
November 27, 2012, 7:34pm
13
Looks like the Wind Mitigation House-O-Cards is about to collapse, the question is, when the class action lawsuits against Citizens start, will the home inspection company and home inspectors who helped to cancled millions of dollars of taxpayer discounts through bogus reinspections be named in the lawsuit? One can only hope.
mmeeker
November 27, 2012, 10:09pm
14
jburkeson1:
Looks like the Wind Mitigation House-O-Cards is about to collapse, the question is, when the class action lawsuits against Citizens start, will the home inspection company and home inspectors who helped to cancled millions of dollars of taxpayer discounts through bogus reinspections be named in the lawsuit? One can only hope.
You cannot get blood from a stone and most of us are stones.
acatterton
November 28, 2012, 12:09am
16
Leave it to you Doug…jsut saying…
dbonner
November 28, 2012, 12:48am
17
Meekers right, its BS. They may give 50$ discount for garage doors and raise rates 50$
jburkeson1
November 28, 2012, 2:24am
18
dbonner:
Meekers right …
Right off I’m suspect. :lol:
mmeeker
November 28, 2012, 2:29am
19
I am right more often than not.
And always say what I feel regardless of how it looks.
Not many are more honest than me
Check the records
