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Storm Deductible Calculator

Storm deductibles (hurricane, wind, hail) are often percentage-based and separate from standard. This calculator sizes them.

$
%
$

Applicable deductible

$300,000

Percentage calc

$300,000

Which applies?

Percentage ($300000)

How the math works

Storm deductible = greater of (TIV × %) and flat minimum. Applies per event.

Plan for worst-case deductible in liquidity reserves. Insurance broker should walk you through per-peril deductibles annually at renewal.

How to Use

  1. Enter TIV.
  2. Enter storm deductible %.
  3. Enter minimum deductible dollars.
  4. Read applicable deductible.

Frequently Asked Questions

Named storm vs wind?

Named storm = tropical storm/hurricane with a name. Wind = any wind event. Named storm often has higher deductible (5-10%) vs wind (1-3%).

How do I trigger?

Storm deductible triggers when NWS names a storm affecting the property. Wind deductible triggers at specific wind speeds (often 50+mph). Hail deductible triggers on reported hail event.

Can I opt out?

Some policies allow — you keep coverage but pay the deductible without discount. Reduces premium modestly. Only sensible if you have strong liquidity for the out-of-pocket.

How do insurance carriers view this?

Insurance carriers underwrite per-peril and often stack deductibles — named storm, wind, hail, flood, and standard can all apply separately on a single event. Confirm with your broker which deductibles actually apply to your policy and stress-test liquidity against the highest applicable deductible. Endorsements and riders can modify base terms; read declarations carefully and keep a written summary on file for claim time.

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