Sentences with phrase «percent hurricane deductible»

Not exact matches

Dwellings located within 2,600 feet of the shoreline will have two deductibles — one deductible for named perils and a separate hurricane deductible of 5 percent.

Unlike the standard «dollar deductible» on a homeowners policy, a hurricane or windstorm deductible is usually expressed as a percentage, generally from 1 to 5 percent of the insured value of the structure of your home.

This is different from your standard homeowners insurance deductible; typically it ranges from 3 to 5 percent of the policy value, but can also be a specific dollar amount you will need to pay if your home sustains hurricane damage.

Your hurricane deductible can range from two to 10 percent of the insured value of your home.

Typically, you can expect to pay 1 - 5 percent of the total damage to your home from the hurricane as a deductible before the insurance kicks in.

Unlike basic homeowner policy deductibles, hurricane deductibles are based on a percentage — such as 5 percent — of the property's insured value.