How percentage deductibles work
A 2% deductible on a $310,000 dwelling limit is $6,200, applied to each covered wind or hail loss. It’s based on the dwelling limit, not the size of the claim, so a modest roof claim can fall mostly or entirely within it.
Why it matters for appraisal
The deductible comes off the final amount of loss. If an appraisal raises the award from $9,000 to $14,000 on a policy with a $6,200 deductible, the payment rises from $2,800 to $7,800. Always look at the net, not the gross.
Two storms in one season
Each separate storm is usually a separate occurrence with its own deductible. Northwest Arkansas owners sometimes face two hail events in one spring, so keep the dates and damage of each storm distinct.
Questions about this tool
Where do I find my wind/hail deductible?
On your declarations page, usually listed separately from the all-other-perils deductible.
Can I change my deductible?
Often at renewal. A lower percentage costs more in premium; ask your agent for options.
Does the deductible apply to contents too?
Usually it applies once per occurrence to the whole claim. Check your policy wording.
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