The South Carolina Insurance Department has awarded $70,000 in grants to help coastal residents make their homes more hurricane resistant.
Agency spokeswoman Ann Roberson says 14 families have received $5,000 each to pay for upgrades such as roof and window protection. Grant applications for another 20 families are under review.
The Safe Home program is part of a new insurance law intended to stabilize the skyrocketing cost of homeowners’ insurance along the coast. The first grants went out in mid-October, just a couple weeks after the program’s start.
The agency still has more than $2 million to dole out. The agency has not advertised the grants, but officials have traveled to the coast to spread the word.
On the Net:
http://www.scsafehome.com
Was this article valuable?
Here are more articles you may enjoy.
US P/C Insurers Post Biggest Q1 Underwriting Profit in 25 Years 
Insurance Mogul Lindberg Gets 12 Years for $2 Billion Fraud 
Atlantic Hurricane Season Forecast Milder Than Normal Thanks to El Nino 
Moody’s: US Faces $375B in Uninsured Flood Losses From 1-in-100-Year Event 
