Hurricane deductible calculator
Many hurricane deductibles are a percentage of your dwelling limit, not a flat amount. See yours in dollars, what your policy may pay for your damage, and how the common options compare.
Enable JavaScript to use the calculator. The method and a worked example are below.
Your state
Optional — shows that state’s rules if we have researched them.
We haven’t researched this state’s hurricane deductible rules yet. The calculator still works with the numbers from your policy.
Sources
Rules can change and insurers’ policies differ — your policy wording controls.
Your hurricane deductible
- Hurricane deductible
A percentage deductible is that percentage of your dwelling limit (Coverage A), not of the damage. A flat deductible is the dollar amount you entered.
- Estimated dwelling payout
Your estimated damage (up to the dwelling limit) minus the hurricane deductible, never below $0. Your policy may pay this for damage to the house itself.
- Extra out of pocket vs. your regular deductible
How much more you would pay yourself on a hurricane claim than on a claim under your regular (all-perils) deductible, never below $0.
Estimate based on the numbers you entered; your policy wording controls.
Compare deductible options
The same dwelling limit at 1%, 2%, 5% and 10%. If your insurer quoted a yearly premium for an option, you can type it in to see the options side by side — this site never estimates premiums.
Enter your dwelling limit to fill in this table.
| Deductible | In dollars | Estimated payout at your damage | Yearly premium you were quoted (optional) |
|---|---|---|---|
| 1% (your deductible) | — | — | |
| 2% (your deductible) | — | — | |
| 5% (your deductible) | — | — | |
| 10% (your deductible) | — | — |
What to do next
- Find your hurricane or named-storm deductible and dwelling limit (Coverage A) on your policy’s declarations page.
- Set aside savings for the deductible in dollars before storm season.
- Once you have an adjuster’s estimate after a storm, use the recoverable depreciation calculatorto see your payments.
How this calculator works
- Percentage deductible = dwelling limit × percentage, rounded to the nearest cent.
- Flat deductible = the dollar amount you enter.
- Estimated dwelling payout = damage (up to the dwelling limit) − hurricane deductible, never below $0.
- Extra out of pocket = hurricane deductible − regular deductible, never below $0.
- The comparison table repeats the deductible and payout at 1%, 2%, 5% and 10% of the same dwelling limit.
| Dwelling limit (Coverage A) | $350,000.00 |
|---|---|
| Hurricane deductible (2%) | $7,000.00 |
| Estimated damage | $20,000.00 |
| Estimated dwelling payout | $13,000.00 |
| Regular deductible | $1,000.00 |
| Extra out of pocket vs. regular deductible | $6,000.00 |
Estimate based on the numbers you entered; your policy wording controls.