Florida policies use a separate hurricane deductible — usually a percentage of your home value. Here is how it works.
If you own a home in Florida, your policy likely has two deductibles: a standard "all other perils" deductible and a separate hurricane deductible.
How the hurricane deductible works
Instead of a flat dollar amount, the hurricane deductible is typically 2%, 5%, or 10% of your home's insured value. On a $400,000 home, a 2% deductible means you'd pay $8,000 out of pocket before coverage kicks in for hurricane damage.
When does it apply?
The hurricane deductible generally applies from the time a hurricane watch or warning is issued until 72 hours after it ends. Regular wind or rain damage outside those windows uses your standard deductible.
Choosing the right deductible
A higher deductible lowers your premium but increases your out-of-pocket cost after a storm. We help you find the balance that fits your finances and risk tolerance.