Hurricane Shutter Insurance Payback Calculator

Planning to install hurricane shutters to unlock mitigation discounts? Enter your installed cost, the insurer’s annual premium reduction, and any deductible credits or grants. Add the expected service life to see simple payback, lifetime savings, and ROI so you can prove the shutters pay for themselves before the next storm season.

Turnkey price including materials, permits, and labor.
Verified discount from your homeowners carrier.
Defaults to $0.00. Enter any deductible decrease or mitigation grant applied upfront.
Defaults to 15 years for code-compliant aluminum shutters.

Verify insurer discounts, building code requirements, and contractor warranties before committing to shutter installations.

Examples

  • $9,800 install, $1,150 annual savings, $2,500 deductible credit, 15-year life ⇒ Net cost $7,300.00 • Payback 6.35 years (76 months) • Lifetime savings $17,250.00 • Net lifetime benefit $12,450.00 • ROI 170.55%.
  • $12,400 install, $980 annual savings, no credits, 12-year life ⇒ Net cost $12,400.00 • Payback 12.65 years (152 months) • Lifetime savings $11,760.00 • Net lifetime benefit −$640.00 • ROI −5.16%.

FAQ

Can I include maintenance costs?

Yes. Subtract projected maintenance spend from the annual savings figure before running the model to show net relief.

How do I handle financing instead of paying cash?

Add annual loan payments to the installation cost or reduce annual savings accordingly so the payback reflects financing charges.

Do carrier inspection fees change the result?

Include any inspection or engineering reports required for mitigation credits in the installation cost so they are recovered in the payback timeline.

What if shutters outlast the assumed service life?

Increase the life input to capture the extended premium relief, or rerun the model once you complete mid-life refurbishments.

Additional Information

  • Payback is simple and does not discount future savings; add discounting externally for capital budgeting.
  • Deductible credits, state mitigation grants, or tax incentives reduce the upfront cost before calculating ROI.
  • Update annual savings if insurers re-rate after inspections or as mitigation credits phase in/out.
  • Service life defaults to 15 years based on typical aluminum accordion or roll-down shutter warranties.

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