Top Ways Replacement Windows Can Save you Money on Home Insurance

New windows can save you a lot of money in a variety of ways. New windows, for example, might qualify you for a tax credit. In addition, new windows are likely to be more energy-efficient, resulting in lower utility bills. Another way that new windows can save you money is through homeowners insurance.

Many homeowners’ insurance policies offer discounts for homes with newer windows. This is because, with the installation of new, energy-efficient windows, many threats to a home's long-term viability are protected, and therefore less of a risk to insure.

Through the following, we'll detail some of the best ways you can leverage the installation of new windows to better economize on your home insurance costs.

1. Energy Efficiency

Going with energy-efficient, particularly ENERGY STAR certified windows may save you money on your home insurance.

ENERGY STAR is a voluntary program run by the Environmental Protection Agency (EPA) in which items like windows, doors, and appliances are assessed and graded as energy-efficient or not. To be certified, the u-factor and solar heat gain coefficient (SHGC) of windows are measured to meet a certain threshold. (U-factor is a measure of heat transfer; SHGC tells how much solar heat the window will let in.)

Once windows pass this test, they earn an ENERGY STAR rating and become eligible for tax breaks and other incentives.

Window manufacturers can also get their products certified through other, non-ENERGY STAR programs. Look for the NFRC label on the window or ask your salesperson if your windows have been tested and certified by an independent third party.

When replacing windows, be sure to check with your insurance agent about eco or green discounts linked with your policy and what you need to qualify.

2. Security

Many homeowners can benefit from discounts on their homeowner’s insurance if they install security measures to keep their homes and belongings safe. For example, if you put up an alarm or security system, you may get a discount. So, how can replacement windows save you money in this regard? After your replacement windows are installed, have your home inspected by an insurance agent. This will act as a decreased liability for the insurance company and can equate to lower premiums.

Be sure to look for the following.

• Windows with good locking systems: This can help prevent break-ins and save your valuables.
• Shatterproof: Windows that use shatterproof technology and are thus more difficult to break may get you a discount.
• Thermal pane: These windows are composed of multiple panes of high-performance glass that make them more difficult to break into.
• Material: Windows made of impact-resistant or bullet-resistant materials may also help reduce the risk of break-ins and your home insurance premiums.

3. Protection Against Flooding

Some homeowners with properties in certain regions of the US may be eligible for lower premiums or even a policy waiver if they install leak-resistant doors and windows. This standard tests windows and doors for their water resistance by simulating a high-pressure, high-volume water flow. Products that pass this test are considered flood-resistant and can protect your home against damage in the event of a natural disaster.

Check your homeowner’s insurance for discounts related to improvements that can help prevent damage from water or moisture, which include window replacement and window installation.

4. Storm Proofing

While worse in some places than others, all parts of North America do experience their own fair share of foul weather, especially in the form of tornadoes and severe thunderstorms. High winds, hail, and ice storms are just a few of the phenomena that may be witnessed here. Taking measures to make your house more weather-resistant and disaster-proof may also save you money on your home insurance premiums.

You might consider shatterproof windows, thermal pane windows, or impact windows. Impact windows can be installed inside or outside the primary window, providing extra wind resistance and insulation.

Impact-resistant windows help prevent wind and rain damage, which are two of the most common causes of homeowner insurance claims. The impact on premiums would be the greatest for homeowners who live in areas that are frequently affected by windstorms.

Make an appointment with your insurance provider to determine if you qualify for these discounts or others.

Important Considerations

Window replacement may help you save money in several ways, including reducing your energy bills, boosting your home security, and increasing the value of your property. When considering window replacement, be sure to consult with your insurance agent about what types of windows may qualify you for discounts on your premiums.

As with any important purchase, be sure you are aware of what policy definitions are required for the discount. For example, if your windows must have certain levels of glass replacement warranty coverage to earn the credit, then that should be outlined in the policy. Get all questions answered before you sign on any dotted line.

Windows are one of the most important features of a home. They provide light, ventilation, and security for a property. In addition, windows can also play an important role in increasing the value of a home.

Replacing your windows is a big decision, but it can also save you money in the long run. Be sure to speak to your Wallaby Windows expert, to discuss all the options before making a decision. You may be surprised at all the ways in which new windows can benefit your home and wallet.