I understand that the hurricane home insurance deductible is not applied to tropical storms. It is only applied after a storm has been actually named a hurricane. I wonder if the hurricane center is trying to "do us a favor" and keep it a tropical storm to give everyone a break with their hurricane deductible on home insurance? Bob Breck made sure this is accurate because he said he talked to his State Farm Insurance agent last night. What do you all think about this reason they are not naming Isaac a hurricane?
I think my insurance deductible applies to any named storm.
I work in Houma and live in Gray. I can tell you that everyone here remembers Gustave a little too well and is taking this very seriously. Whenever this non-hurricane comes in at least we are prepared!
Post by radikuldude on Aug 28, 2012 9:11:13 GMT -6
Guys and gals, I'm cant believe it any more than y'all but you have to consider a VERY important piece of information: if it doesnt make hurricane strength then every homeowners insurance policyholder only has their regular deductible to pay in case of a claim, not 2% or higher! Bob Breck was discussing it last night and it may be a helluva gift during this economy!