Abstract
As losses from natural disasters steadily increase, communities search for ways to increase resilience. The state of Florida enacted stronger building codes in 2002 as a way to limit losses from windstorms. This study uses realized insured loss data to examine the effect of the Florida Building Code (FBC) on windstorm losses. Further, we analyze the effectiveness of the FBC in different regions within the state. We find that overall the FBC passes a Benefit Cost test with the exception of the use of the higher cost option for impact protection.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
