Travelers Cos. in Hartford has launched a pilot program in which it is offering discounted insurance policies in certain Atlantic and Gulf coast states on houses that are fortified against hurricanes.
Travelers announced the program during a summit Monday at its Windsor-based facility known as Claim University, in which experts discussed ways to make houses more resilient to storms. Specific coverage terms and states were not disclosed.
Travelers said qualifying homes will be eligible for a 35 percent hurricane premium credit.
The discounted coverage is aimed at spurring homeowners, builders and local and state building officials to embrace storm-resiliency standards.
“Homes built to meet these stringent standards are better able to withstand severe weather, reducing property losses and saving lives, and we want to promote and raise awareness of these smarter building practices,” said Eric Nelson, Travelers vice president for personal insurance.
South Carolina adopted a program in 20067 that offers shoreline homeowners grants to strengthen their houses against hurricane-force winds.
