Many condominiums have large skylight systems spanning courtyard or open areas. Some of these systems have started to fail but the building owners are more worried about the large cost of replacing these monumental systems. Acrylic skylights seem like the best solution because they are the cheapest to install. But there is a hidden costs to these skylights, insurance.
Insurance Savings
A good reason to replace old acrylic skylights with new glass skylights on large condominium projects is because of the savings in insurance costs. Many insurance companies even refuse to insure acrylic skylights because of the liability. A condominium complex can save 9-10% of the insurance costs. A recent client of ours saved over $30,000 per year on their insurance costs. This savings needs to be calculated when considering the cost of replacing your monumental skylight.
