Hurricane Deductible 10% of $12,880
A: Dwelling $128,800
B: Other Structures $12,880
So is the Hurricane Deductible $1,288 is that the way you figure it?
Hurricane Deductible 10% of $12,880
A: Dwelling $128,800
B: Other Structures $12,880
So is the Hurricane Deductible $1,288 is that the way you figure it?
House deductible is $12,880
Other structures $ 1,288
This phrase makes no sense:
Hurricane deductibles are typically quoted as a percentage of the insured value. Perhaps there's a typo, and it should read: "Hurricane Deductible 10% or $12,880."Quote:
Originally Posted by pastor1189
Here is the section of the policy. Seems to me to be 10% of 12,880= $1,288 Hurricane deductible
pastor, the line says: Hurricane Deductible 10% = $12,880.
The equals sign means $12,880 is 10% of the amount used to calculate the HD. In this case, it looks like 10% of the dwelling coverage which is listed as $128,800.
Thank you.
Sorry, 10% X $128,800 for Hurricane and same for sinkhole. Wow, that's a lot of premium for $128,000 coverage.
Sounds like you are living in an area where probability is high, as noted by the annual premium. I would consider moving out of that area.
This location is inland too. But it is Florida.
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