Minimum Deductible Change effective January 1, 2023
Posted on July 25th, 2022
We have been advised that the minimum Windstorm and Hail Deductible for all property policies will have a mandatory increase to $1,500 effective January 1, 2023. All RENEWALS processed AFTER January 1, 2023 will have the minimum $1,500 wind/hail deductible. (Our current minimum is $1,000, which was changed back in 2013.)
Currently we have $1500, $2500, and $5000 deductibles available and we have not determined how this deductible will be handled. In 2013 we did a deductible shift. We are considering adding more deductibles and doing another shift.
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