Storm deductible calculator
What would a storm cost you first?
Many policies set the wind, hail or hurricane deductible as a percentage of what the house is insured for, not a flat amount.
350 thousand dollars
You would pay the first
Ask your agent$7,000
On a house insured for $350,000 with a 2% storm deductible, the first $7,000 of a wind or hail claim is yours to pay.
Flat $1,000
2% storm
"What does my wind or hail deductible come to in dollars?"
An example to show the math, not your policy. Your declarations page shows whether you have a percentage deductible and which storms it applies to.
How percentage storm deductibles work →Education only, not insurance advice.coveragedecoder.com