What factor may the Windstorm Underwriting Association use to determine the insurability of a property?

The Windstorm Underwriting Association evaluates various factors to determine the insurability of a property, and occupancy is a significant factor in this assessment. Occupancy refers to how the property is used or who resides in it, which can greatly affect risk levels associated with windstorm damage. For example, a property that is a primary residence may have different risk profiles than a seasonal or vacation home. This distinction can influence whether the property qualifies for coverage or not.

In the context of windstorm insurance, understanding how a property is occupied helps underwriters evaluate potential risks and liabilities. The frequency and method of occupancy, such as whether the property is unoccupied for extended periods or regularly inhabited, can inform decisions regarding insurance availability, premium adjustments, and coverage limits.

Other factors like location, value of the property, and construction type also play roles in insurability; however, these elements typically inform different aspects of the underwriting process or secondary criteria. Occupancy stands out due to its direct relationship with risk exposure and claims likelihood in windstorm scenarios.