Did you know that hurricane and wind deductibles are typically percentages of your policy limit? It’s different than your other deductibles, which are typically flat dollar amounts, and so it would be important for you to investigate whether you want to adjust that limit. The percentages are usually in the 1 to 5% range, which can be significant considering a $100,000 home at 5% would be $5,000! If you’re in a high risk area, your insurance company might have increased it recently.
via dailypress.com.
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