Fay claims dodge hurricane deductibles

Because the tropical storm never became a hurricane, Florida homeowners who suffered damage during the floods won’t face higher deductibles for their homeowners or windstorm insurance.  Insurers must apply the deductible that’s not associated with hurricanes, which usually runs between $1,000 and $2,000. The hurricane deductible is set as a percentage of the insured value of a home, typically 2 percent, 5 percent or 10 percent.