Hurricane deductibles and other exclusions can trigger large out-of-pocket bills for homeowners
Thousands of homeowners in Florida suffered hurricane damage this year, and many were surprised to learn their homeowner’s insurance policy contains a separate “hurricane deductible” that shifts responsibility for thousands of dollars’ worth of repairs to the homeowner. For those fortunate enough to not have had enough damage to file a claim, now would be an excellent time to review your homeowner’s policy to see how much money you would be responsible for if your home suffered severe damage.
