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Consumer Alert:

06/23/2008

Over 365,000 Florida Homeowners Served, My Safe Florida Home Program Approaching Goals

 

 

Contact: Kevin Cate or Brannon Jordan 
(850) 413-2842
 
~~ Only 35,000 Free Wind Inspections Remain, Program On Pace to Halt Sign-ups By End of Summer~~
TALLAHASSEE— Florida Chief Financial Officer Alex Sink today announced that more than 365,000 Florida homeowners have signed up for free wind inspections through the My Safe Florida Home (MSFH) program, only 35,000 inspections shy of the Florida Legislature’s goal of 400,000 free wind inspections by June 2009. The popular first-come, first-serve program will continue accepting applications online and over the phone until it meets the 400,000 application goal.
 
Participating homeowners receive a free wind inspection report, which suggests ways homeowners can harden their homes against storm damage and informs homeowners if they are currently eligible to save money on their wind insurance premiums.  To date, 60 percent of homeowners who have received a free wind inspection are eligible for discounts on their wind insurance premiums averaging $220 statewide.
 
In 2007, the Florida Legislature directed the MSFH program to provide inspections for at least 400,000 site-built, single-family, residential properties and provide grants to at least 35,000 applicants before June 30, 2009.  Last month CFO Sink announced that the program had exceeded its grant goals and would transition to inspections only. To date, the MSFH program, including local government and non-profits, has approved approximately 38,889 homeowners for mitigation grants and has paid 18,465 grants totaling more than $62.9 million.
 
Any Floridian who lives in a single-family, site-built home is eligible for a free wind inspection through the MSFH program. Floridians can apply online at  www.MySafeFloridaHome.com or by calling the program toll-free at 1-866-513-6734.  Homeowners who receive free wind inspections through the MSFH program will receive a detailed inspection report, complete with additional information on estimated insurance premium discounts, if the homeowner is eligible.
 
 
As a statewide elected officer of the Florida Cabinet, Chief Financial Officer Alex Sink oversees the Department of Financial Services, a multi-division state agency responsible for management of state funds and unclaimed property, assisting consumers who request information and help related to financial services, and investigating financial fraud. CFO Sink also serves as the State Fire Marshal.