Hurricane Insurance Deductible $10,000-$20,000+
With the recent hyperactivity of hurricanes world-wide and the 2 recent hurricanes that seriously threatened Hawaii, I placed a call to my homeowners insurance company to get clarification on my hurricane insurance. My original question was about whether I additionally needed any flood insurance to cover any hurricane damage. The answer was no, unless the home was in a flood zone, but it instead revealed a 5% hurricane home insurance deductible. I incorrectly assumed, probably like most people, that the…