Florida may gut discounts for hurricane shutters
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.