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What is a Hurricane Deductible?
Posted: 10/26/2009
A hurricane deductible is part of a homeowner's insurance policy that is added as a dollar amount or a percentage, and is designed to limit the insured's exposure to possible loss from a hurricane. Coastal regions are considered high risk areas and higher deductible are common in these areas. The extent of the high risk area or the intensity of the storm to trigger the deductible is specific details within the policy that will vary from state to state and with each insurance company.
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