top of page
Search

What is a wind and hail percentage deductible?

A wind/hail deductible is a type of insurance deductible that applies specifically to damages caused by windstorms or hail. This type of deductible is expressed as a percentage of the insured value of the property, rather than a fixed dollar amount.


For example, if a homeowner has a 2% wind/hail deductible and their insured value of the property is $200,000, their deductible for wind/hail damage would be $4,000 ($200,000 x 2%). If a windstorm causes $20,000 in damages to the property, the homeowner would be responsible for paying the first $4,000 of those damages, and their insurance would cover the remaining $16,000.


The specific percentage of the wind/hail deductible can vary depending on the policy and insurance company. A higher wind/hail deductible can result in lower insurance premiums, but it also means that the homeowner is responsible for a larger portion of the damages in the event of a windstorm or hail damage.

17 views0 comments

Recent Posts

See All

What are CC&Rs?

Covenants, conditions, and restrictions (CC&Rs) are a set of rules and regulations established by a homeowners association (HOA) to govern the use and maintenance of properties within a community. The

What If My Ball Hits Someone While Playing Golf?

It depends on the specific circumstances and the coverage in your homeowners insurance policy. Most standard homeowners insurance policies provide liability coverage for bodily injury claims made agai

Comments


bottom of page