Mississippi Windstorm Underwriting Association

Rates for Windstorm and Hail Insurance

 

Dwelling (1-4 Family, All Protection Classes) and Mobile Homes 

Rates per $100 of Coverage

                                (Effective October 1, 2007)

 Frame Construction

Dwellings

Named Storm Deductible Amount

$500 Minimum Deductible

Location

2%

5%

 10% 15%

20%

North of Interstate 10

$1.307

$1.137

 $1.019 $0.928

$0.850

Mainland South of Interstate 10

$1.505

$1.309

 $1.174 $1.069

$0.978

 

$1000 Minimum Deductible

North of Interstate 10

$1.178

$1.025

 $0.919 $0.836

$0.766

Mainland South of Interstate 10

$1.353

$1.177

 $1.055 $0.961

$0.879

 

$2500 Minimum Deductible

North of Interstate 10

$1.110

$0.966

 $0.866 $0.788

$0.722

Mainland South of Interstate 10

$1.279

$1.113

 $0.998 $0.908

$0.831

 

 Masonry Construction

Dwellings

Named Storm Deductible Amount

$500 Minimum Deductible

Location

2%

5%

 10% 15%

20%

North of Interstate 10

$1.246

$1.084

 $0.972 $0.885

$0.810

Mainland South of Interstate 10

$1.433

$1.247

 $1.118 $1.017

$0.931

 

Named Storm Deductible Amount

$1000 Minimum Deductible

Location

2%

5%

 10% 15%

20%

North of Interstate 10

$1.121

$0.975

 $0.874 $0.796

$0.729

Mainland South of Interstate 10

$1.288

$1.121

 $1.005 $0.914

$0.837

 

Named Storm Deductible Amount

$2500 Minimum Deductible

Location

2%

5%

 10% 15%

20%

North of Interstate 10

$1.060

$0.922

 $0.827 $0.753

$0.689

Mainland South of Interstate 10

$1.218

$1.060

 $0.950 $0.865

$0.792
           

 

 

 Named Storm Deductible Amount ($500 Minimum Ded.)

2%

5%

 10% 15%

20%
Mobile Homes $3.158 $2.747 $2.463 $2.242 $2.053

 

 

* All mobile homes and commercial risks located on an island in the Mississippi Sound will be charged a rate calculated by multiplying the otherwise applicable rate by a factor of 3.50

 

Please contact MWUA Office for dwelling rates of risks located on the Barrier Islands and Special Dwelling types below with $1,000 and $2,500 minimum deductibles.

Special Dwelling Coverage / Rates

Standard $500 Deductible & 2% Named Storm Deductible

Apply Optional Named Storm Deductible Factors to these rates

Effective October 1, 2007

Wind Resistive Dwelling North of Interstate 10 0.348
Wind Resistive Dwelling South of Interstate 10 0.399
Semi -Wind Resistive North of Interstate 10 0.569
Semi -Wind Resistive South of Interstate 10 0.655
Cloth Awning 22.217
Boat House - Frame 9.675
Boat House - Masonry 1.919
Boat House - SWR 0.726
Boat House - WR 0.486

 

 

Fences, Trellises, Pergolas and Slat Houses; Also Seawall, Property Line and Similar Walls
Brick, Iron, Steel or Reinforced Concrete 1.366
Other Construction 16.956

Greenhouses / Hot Houses
Greenhouses - Hot Houses 34.06
Greenhouse Structure (excluding glass, plant, flowers and all buildings / structures physically connected therewith 3.523
Glass in Greenhouse 19.148
Plants and Flowers in Greenhouse 25.253
Piers 5.856
Radio and Television Equipment (Written specifically including outside antennas) 9.770
Radio and Television Equipment (Written specific with amount placed on antennas only) 33.176
Trees, Shrubbery, Plants and Lawns 9.755
Windmills 44.291

                                                       Farm Property              (Effective April 15, 2007)
Barns, Stables and Implement Sheds Type 3

(Commercial Lines Manual - Division Four)

 5.227

 

Commercial Rates

Multiply these rates x's each $100 of coverage

(Effective April 15, 2007)

 

Standard  2% Deductible $750 Minimum

Apply Optional Named Storm Deductible Factors to these rates

 

Commercial other than Habitational

Co-insurance Factor

Construction

0%

50%

80%

90%

100%

Wind Resistive (AA)

1.617

.970

.646

 .614 .581

Semi-Wind Resistive (A)

2.415

1.450

.966

.918 .869

Masonry (B,S,B-E,B-HT,S-IC)

6.474 3.884 2.589 2.460 2.330
Frame (D,BV,SIC,IC,P,HT,HCB,E)

8.107

4.864 3.243 3.081 2.919

Habitational (Apartments, Rooming Houses, & Motels without Restaurants)

Co-insurance Factor

Construction

0%

50%

80%

90%

100%

Wind Resistive (AA)

1.653

.992

.661

.628 .595

Semi-Wind Resistive (A)

3.279

1.967

1.312

1.246 1.181

All Other Construction

6.837 4.102 2.735 2.598 2.461

Above rates apply except where; E Wall charge is applicable, published extended coverage rates and special class extended coverage rates. Refer to the Commercial Lines Manual or the Mississippi State Rating Bureau for such rates.

Special Group II Rates

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