Consumer Federation of America Supports Reestablishment and Funding for Strengthen Mississippi Homes Program
In a letter to the Mississippi Speaker of the House, the Consumer Federation of America urged him to support SB 2413, which would reestablish and provide funding for the Strengthen Mississippi Homes Program.
This grant mitigation program provides wind mitigation grants to homeowners to strengthen their homes and reduce their insurance risk. At a time of rising insurance costs and stronger and more frequent natural disasters, Mississippi should be expanding mitigation programs, not shutting them down.
SB 2413 would increase the maximum allowed wind mitigation grant to $15,000, providing additional help to homeowners, as the cost to replace a roof is often well beyond the $10,000 limit of the initial program. The program would be funded by a $25 fee levied on every agent appointed by an insurance company, and homeowners across Mississippi would be eligible for these grants, not just those living near the coast.
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