Wind and hail deductible anxiety.
Even with home insurance many people find themselves in a financial predicament after a wind or hail event. 2% wind and hail deductibles have become the new standard, with some carriers now only offering 3% and 5% for wind and hail. Without proper preparation coughing up $5,000 – $25,000 to meet your deductible will be your only option.
Can you still get 1% Wind and Hail Deductibles?
1% wind and hail deductibles are no longer offered for new business in most areas. The areas where 1% deductibles still exist, you can expect to pay more for your premium. Roofers in Texas are no longer legally able to “work off” the deductible because of Texas House Bill 2102 (HB 2102), therefore even with a low deductible you will still be required to pay out of pocket.
Better options to prepare for the storm.
At Lavon Insurance we understand your dilemma and want to help. That is why we offer plans to reduce or even eliminate your deductible altogether. For example our buy-down policies and wind and hail only policies. Deductible buy-down policies are companion to your existing policy. The “wind/hail only” policies are stand alone policies which pay out the amount you selected, they take offer a hassle free claims process and are our most popular option. Both options are affordable and provide a way a way to reduce the out of pocket expense that occurs when you make a wind or hail claim.
Give us a call or text at (972) 853-8884 or get an instant online quote by clicking Here: Lower Deductible