Market-Leading Windstorm Deductible Buy-Back Coverage (DBB)
Reduce wind, hail and named storm deductibles imposed by primary property insurance carriers. Florida habitational, mercantile, hospitality and more.
Between the 'deductible of the overlying policy' and the reduced 'insured’s retention' subject to a max amount payable. Florida coastal and non-coastal areas.
Coverage simply links to a current commercial property policy. Allows compliance with lender requirements, mortgage and finance agreements.
A separate stand-alone policy designed to buy-down and reduce commercial property windstorm deductibles for eligible risks throughout the state of Florida.
Estimated related disaster events in the US exceeding an estimated $1 billion in damages in 2022.
Estimated economic damage in 2022 resulting from severe windstorm damage including 11 severe storm events.
Number of billion-dollar disasters in the US since 1980. Total cost estimated at $2.48 trillion dollars. $57.8b annual cost since 1980.
Annual average of $1 billion+ loss events since 2010. $5.3 billion-dollar disasters (storm, cyclone, flood) per year since 1980.
Firestone Agency of Florida, Inc.
Wholesale Insurance Brokers | MGA
Boca Raton, Florida
International Plaza
7280 West Palmetto Park Road
Suite 106-N
Boca Raton, FL 33433
Call Us (954) 341-8331
Ponte Vedra, Florida
Valley Ridge Professional Park
4210 Valley Ridge Blvd
Suite 127
Ponte Vedra, FL 32081
Call Us (800) 683-1150