According to the federal announcement, modern building codes and standards offer a selection of smart design and construction methods that can “save lives, reduce property damage, and lower utility bills,” thanks to things like a hurricane resistant roof, good insulation, fire protection. flame retardant materials and more.
“With extreme weather events threatening millions of homes each year and wreaking havoc in underserved communities, every dollar invested in building code adoption saves eleven times the savings by reducing damage and helping communities to recover more quickly,” a statement from the White House said. , citing data from the National Institute of Building Sciences.
The government also noted that modernized energy codes can help households save an average of $162 per year.
In addition to updating building codes across the United States, the government has also committed to conducting a comprehensive review of federal funding and building construction funding, to ensure that housing and other federally supported building projects “maximize compliance with modern building codes and standards”. feasible.”
The announcement was welcomed by the APCIA.
“APCIA commends the Biden-Harris administration for taking steps to improve the climate resilience of communities by supporting the adoption of modern, hazard-resistant building codes and standards. This action is critical to increasing their ability to withstand, respond to and recover from natural disasters,” said APCIA Senior Vice President of Federal Government Relations Nat Wienecke.
“P&C insurers serve as frontline responders in the aftermath of natural disasters, helping policyholders navigate the recovery process and helping their clients rebuild their lives and restore their property. For decades, APCIA members have advocated for increased policies and investments that help prevent and reduce such devastation. This includes creating and funding organizations focused on loss mitigation like the Insurance Institute for Business & Home Safety.
Wienecke added that the government’s promotion of resilience and efficient building standards – for federally funded housing through disaster recovery community development funds and Department of Housing and Development programs urban – will help support underserved communities, especially those that have been “historically vulnerable” to the long-term impacts of disasters.
“We also applaud the administration’s announcement that it will undertake a comprehensive review of federal programs that support new construction or rehabilitation of structures, and will work to incorporate the latest consensus-based building codes,” Wienecke said. .