Homeowners insurance covers most storm damage, including wind, hail, lightning, and the weight of snow or ice. However, flood damage from storms is excluded, and hurricane or wind deductibles in coastal states like Florida can be significantly higher than your standard deductible.
In Florida and other hurricane-prone states, you likely have a separate hurricane or named-storm deductible. This is typically a percentage of your dwelling coverage — 2%, 5%, or even 10%. On a $300,000 home, a 2% hurricane deductible means you pay $6,000 before insurance kicks in. This is much higher than a standard $1,000 or $2,500 deductible and catches many homeowners off guard after a hurricane.
Know your hurricane deductible before storm season. Make sure your dwelling coverage reflects current rebuilding costs, because that is the number your percentage deductible is based on. At Truscott, we review storm coverage with every Florida homeowner and make sure there are no surprises. Request a Truscott policy checkup before hurricane season and we will walk through your storm protection step by step.
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