What is a deductible?
A deductible is the amount you pay out of pocket on a covered claim before the insurer pays. Higher deductibles usually mean lower premiums, but more cost to you when you file a claim.
Hurricane deductibles
In Florida, hurricane deductibles are often a percentage of your dwelling coverage, such as 2% or 5%, rather than a flat dollar amount.
Choosing a level
Pick a deductible you could comfortably pay in an emergency. An agent can show you how different levels change your options.
This guide is general information, not legal or coverage advice. Coverage depends on your specific policy and insurer.