Reduce your Florida

windstorm deductible.

Market-Leading Windstorm Deductible Buy-Back Coverage (DBB)  

Mitigate unexpected expenses...

Reduce wind, hail and named storm deductibles imposed by primary property insurance carriers. Florida habitational, mercantile, hospitality and more.

Covers the difference...

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.

'Follow-Form' coverage...

Coverage simply links to a current commercial property policy. Allows compliance with lender requirements,  mortgage and finance agreements.

Deductible Buy-Back (DBB) Policy

A separate stand-alone policy designed to buy-down and reduce commercial property windstorm deductibles for eligible risks throughout the state of Florida.

Changes in weather patterns over the last few years have directly impacted insureds, leading to an increased number of windstorm and hail claims. 

18

Weather/Climate Risk

Estimated related disaster events in the US exceeding an estimated $1 billion in damages in 2022. 

169

$169 Billion in damages

Estimated economic damage in 2022 resulting from severe windstorm damage including 11 severe storm events. 

341

Total Disaster Cost

Number of billion-dollar disasters in the US since 1980. Total cost estimated at $2.48 trillion dollars. $57.8b annual cost since 1980. 

56

56% Increase

Annual average of $1 billion+ loss events since 2010. $5.3 billion-dollar disasters (storm, cyclone, flood) per year since 1980. 

CONTACT US


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

© Copyright 2018 Firestone Agency of Florida, Inc. - All Rights Reserved
Terms of Use | Privacy Policy OFAC (SDN) | OIR | FL DFS