What are the CAT Underwriting updates for the entire state of Florida?

Beginning 7/1/22, the following changes apply:

  • No frame construction
  • No Joisted Masonry construction for any building built before 1995, for Joisted Masonry buildings built 1995 and after, maximum TIV of $2mil
  • Max Business Interruption for wind losses:  $25,000
  • Roof valuation: Actual Cash Value in lieu of replacement cost
  • Minimum wind deductible of 10%/Min $10K

Information contained within this article is for informational purposes only. Please review all quotes for the full terms and conditions that apply.

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