What is a wind/hail deductible?

A wind/hail deductible is a type of deductible related to insurance claims in Florida. It is the portion of a covered claim that the policyholder is responsible for paying out-of-pocket. The amount of the deductible is specified in the policy and is typically based on a percentage of the value of the property or home that the policy covers. For example, if the policyholder has a 1% wind/hail deductible, they will be responsible for paying the first 1% of the damage out of pocket when they file a claim related to wind or hail damage. The remaining cost of the claim will be covered by the insurance company. It is important to understand the specifics of your policy so you know what your out-of-pocket expense will be in the event that you need to make an insurance claim for wind or hail damage.

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What is a wind/hail deductible?

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