May 8, 2017

The Charleston Post and Courier

By David Slade

What homeowner wouldn’t want a free roof replacement, right?

I’ve written hundreds of personal finance columns, and the largest response I’ve seen was to columns about South Carolina’s Safe Home program, which can help people pay for roof replacements. That program has not been taking new applications since mid-2015, but another option appears to be emerging.

Former S.C. Insurance Commissioner Eleanor Kitzman is among the principals of a company, MyStrongHome, that seeks to do for hurricane mitigation upgrades — primarily roof replacements — what leasing has done for solar power. That is, the company intends to help homeowners finance the work by connecting the improvements to insurance discounts, so that a homeowner could end up with little out-of-pocket cost…

Read the full story here.