Homeowners who cut their insurance bill by installing shutters will soon see those discounts slashed if insurers have their way.
Kurt Bressner spent more than $16,000 installing storm shutters, a reinforced garage door and an impact-resistant front door on his Boynton Beach home. In return, he got more than peace of mind.
Effective this year, he got a $5,362 break on his annual insurance premiums.
Now, Bressner — and more than 700,000 other Florida consumers who spent big money to fortify their homes — could see their “wind mitigation” discounts dramatically reduced.