RSA 407-E:2: Purpose and Policy.

The purpose of this chapter is to establish a program to provide financial grants to homeowners to mitigate residential real property against loss from severe weather events, including but not limited to those involving rain, wind, snow, ice, sleet, hail, floods, sea water, lake water, river water, surface water, tornadoes, hurricanes, and microbursts. The intent of this chapter is to provide New Hampshire residents with the opportunity to mitigate risks to their homes from severe weather events, thereby reducing claim severity, frequency of claims, and insurance premiums for New Hampshire homeowners. This chapter does not create an entitlement for property owners and does not obligate the state to pay for the residential real property to be inspected, constructed, improved, remodeled, mitigated, retrofitted, or otherwise modified. The granite state home mitigation and resiliency program is subject to the availability of funds in the granite state home mitigation and resiliency fund established in RSA 407-E:4.