CHALLENGES AND BEST PRACTICES
Ian Giammanco, Ph.D., the managing director of Standards & Data Analytics and lead research meteorologist at the Insurance Institute for Business & Home Safety (IBHS), praised government grant programs.
The Strengthen Alabama Homes program
that awards up to $10,000 to owners of existing homes to upgrade them with
stronger roofs, windows, doors and other features to prevent wind and rain
damage.
He said the program has resulted in
huge insurance savings for those who have retrofitted their home—stabilizing
the insurance market for tens of thousands of coastal dwellings.
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