Talk of The Villages Florida - View Single Post - LPS -- Lightning Protection Systems -- Disappointed with Statement of Work
Thread: LPS -- Lightning Protection Systems -- Disappointed with Statement of Work
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Old 07-24-2024, 06:05 PM
Altavia Altavia is offline
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Quote:
Originally Posted by retiredguy123 View Post
I don't have the data, but if it were available, it may convince me to invest in an LPS system. I don't know how to assess the risk because I don't know what the chance of being hit by lightning really is. But, I have a small house that represents a small percentage of my net worth, so if it were destroyed by lightning, I would just collect the insurance and buy another house. I guess my situation is different from other people. Yes, it is a personal decision.
That payout can take two years.

The insurance companies who I am sure do the math, don't offer discounts for LPS installations so your gut feel that the risk benefit may not be there could be correct.