Several insurance companies are raising deductibles on Homeowners policies. When you receive your renewal information review it carefully and make sure you are aware of your deductible.
Some companies are increasing your overall deductible and some are adding a separate Wind/Hail, Named Storm or Hurricane Deductible. In the case of a Wind/Hail deductible most companies are applying a percentage deductible which can be substainal.
For example, if your home is insured for $500,000 and you have a 3% Wind/Hail deductible you have to pay $15,000 before your policy will pay anything.
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