Biloxians in windpool may qualify for 20 percent discount

By WLOX Staff

BILOXI, MS (WLOX) - Biloxi homeowners south of Interstate 10 who get their insurance through the state windpool may qualify for up to a 20 percent credit on their wind insurance premiums, thanks to policy changes and the City of Biloxi's efforts in enforcing building codes.

The Mississippi Windstorm Underwriters Association or windpool -- which is the insurer of last resort for 43,000 Mississippi residents -- introduces the new credit beginning July 1. In order to qualify, a home must have been built since 1996, and the resident must produce a Certificate of Occupancy, which can be obtained from the city's Community Development Department.

As an alternative to the credit for building codes, there are credits for retrofitting your home to minimize wind damage.

"The windpool is now going to reward its policyholders who live in communities who have effective building departments and are doing a good job of enforcing building codes," said Biloxi Community Development Director Jerry Creel. "Biloxi residents with privately-sold wind insurance have enjoyed a 20 percent credit since before Katrina, and now those who have policies through the windpool will qualify for that same benefit from this point forward."

Creel recommends that Biloxi residents with windpool policies contact their insurance agent about the 20 percent discount.  To read more details about the new policy, click here.

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