Why Florida Home Insurance Policies Have Separate Wind Deductibles

Home insurance policies in Florida may include unique features to address the state’s weather risks. One detail that can surprise homeowners is the separate wind deductible found in many policies. At Dorsal Insurance Inc, we believe it’s important for residents to understand why this deductible exists and how it may affect their coverage and costs.

What Is a Wind Deductible?

A wind deductible, sometimes called a windstorm, named storm or hurricane deductible, is the portion of a claim that homeowners must pay out of pocket before their insurance covers damage caused by wind-related events. This typically applies to damage caused by hurricanes, tropical storms or strong windstorms.

Why Are Wind Deductibles Separate?

In areas that may experience severe weather, insurers can treat wind damage differently from other types of losses. Here’s why:

• Higher risk of wind damage: Certain regions may be more susceptible to hurricanes or intense storms, which can result in widespread and costly damage.
• Managing insurance costs: Having a separate wind deductible can help insurers manage the financial risk of large-scale wind events. This approach may help keep overall premiums more reasonably priced for homeowners.
• State regulations: Some states may allow or require insurers to offer separate deductibles for wind or hurricane damage, reflecting local risk factors and regulatory guidelines.

What Does This Mean for Homeowners?

When your policy includes a wind deductible, you may want to keep these points in mind:

• Higher out-of-pocket costs: If your home is damaged by a hurricane or windstorm, your out-of-pocket costs may be higher than for other types of claims.
• Policy clarity: It’s important to review your policy and understand when the wind deductible applies. Typically, it’s triggered by a named storm or hurricane.
• Planning ahead: Knowing your deductible amount can help you prepare financially for hurricane season.

Get Covered Today

Our team at Dorsal Insurance Inc can help you review your home insurance policy and answer any questions about wind deductibles or coverage details. Contact us to discuss your options.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.