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User Info What If.....; entered at 2017-09-13 18:23:26
Posts: 6
Registered: 2016-02-14 NJ
Follow the money...

Lot's more advertising / commercials with a Hurricane watch on the TV, than for a bad rains storm.

Also on a homeowners insurance policy, rather than you typical $250 to $1000 deductible applied, the Hurricane Deductible applies.


"During the Atlantic hurricane season, which lasts from June to November, every coastal state from Florida to Maine could potentially be hit by a storm. Increasing development along the coastal areas of these states has put more and more homes at risk of severe windstorm damage. To limit their exposure to catastrophic losses from natural disasters, insurers in these states sell homeowners insurance policies with percentage deductibles for storm damage instead of the traditional dollar deductibles, which are used for other types of losses such as fire damage and theft. With a policy that has a $500 standard deductible, for example, the policyholder must pay the first $500 of the claim out of pocket. But percentage deductibles are based on the home's insured value. So if a house is insured for $300,000 and has a 5 percent deductible, the first $15,000 of a claim must be paid out of the policyholders pocket. The details of hurricane deductibles are spelled out on the declarations page of homeowners policies."
2017-09-13 18:23:26