Personal property insurers are alarmed by a surge in roof damage claims due to increased extreme weather events, inflation, and fraud, impacting roofers and policyholders alike, as premiums continue rising nationwide.
The awards recognize those who have contributed to the record-setting number of FORTIFIED Home designations, helping thousands of homeowners strengthen their homes against storms.
Louisiana is boosting its 'Fortified' home roof program with $10,000 grants, with first dibs going to those policyholders of Louisiana Citizens Property Insurance Corp., the state's insurer of last resort.
After fits and starts, the Louisiana legislature passed a series of reforms that will soon provide homeowners with grant money to help reroof homes affected by weather-related events to comply with new “Fortified” standards that exceed current building codes.
Roofing contractors were among those recognized by the Insurance Institute for Business & Home Safety for creating resilient homes with the FORTIFIED roof method.
Following major insurance reforms enacted in Florida, Louisiana officials are proposing similar policies that could affect how roofing contractors do business in the state.