Abstract: A shutter assembly for storm and security protection is disclosed. The shutter assembly mounts to a structure adjacent an opening in the structure. The assembly may include a mounting system comprising inserts for mounting into the structure, fasteners formed from a non-corrosive material inserted into the inserts, and plugs for insertion into the inserts to conceal the inserts within the structure. A protective element is positioned in a plane offset from the opening for protecting the opening from debris. A housing is positioned adjacent the opening and defines a cavity for housing the protective element therein. The housing is surface mounted to the structure such that the housing requires no major damage to the existing wall surface. A decorative shutter mounts to the housing for concealing the cavity and for improving aesthetics of the structure.