If your homeowners policy has a 2% wind and hail deductible, it's worth understanding what that actually means.
Unlike a flat deductible, a percentage deductible is generally calculated as a percentage of your dwelling coverage limit, not the amount of the claim.
That can create a meaningful difference in what you're responsible for when a covered wind or hail loss occurs.
But a 2% deductible isn't necessarily your only option.
Depending on the home, policy, eligibility, and insurance market, lower deductible options may be available. Separate deductible buy-back coverage may also be available in certain situations.
The important part is understanding the deductible before you need to use the policy.
A coverage review can help you identify your current wind and hail deductible, understand how it works, and determine whether other available options make sense for you.
The Complete Guide
We've put together a more detailed guide explaining wind and hail deductibles and deductible buy-down options. Read our Wind and Hail Deductible Buy-Down Guide →
Call Cleaver Insurance Agency or request a Coverage Review.