EPISODE 8. Homeowner Insurance Basics- Deductibles Explained

#HomeownersInsurance #HomeownersDeductible #WindAndHailDeductible
Do you know the difference between a flat dollar deductible and a percentage deductible on your homeowners insurance policy?

Many homeowners don't realize they may have two separate deductibles until they file a claim.

In this video, Marquece explains how homeowners insurance deductibles work, including the difference between your all-perils deductible and a separate wind and hail deductible. You'll learn how percentage deductibles are calculated, why they can leave you paying thousands more out of pocket than expected, and exactly what to look for on your declarations page before the next storm hits.

Understanding your deductible is one of the most important parts of reviewing your homeowners insurance because it directly impacts what you'll owe after a covered claim.

This is the final episode of our Homeowners Insurance Basics Series.

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