A new collaborative study by the Alabama Department of Insurance and the University of Alabama’s Center for Risk and Insurance Research confirms that homes built to the Insurance Institute for Business & Home Safety’s (IBHS) FORTIFIED standards suffered dramatically less damage during Hurricane Sally.
The report, released on Monday, found that FORTIFIED Roof homes experienced a 73% reduction in claim frequency, a 15% reduction in claim severity and a 72% reduction in loss ratios compared with conventionally built homes. FORTIFIED Gold homes fared even better, with reductions of 76%, 24% and 67%, respectively.
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