Quote:
Originally posted by scoobydookc
I obviously don't live on the coast, but I've heard hurricane insurance is outrageous... mind giving a little insight into the monthly cost on it?
I'm sure it will go up after this year... I bet a lot of the smaller providers are closing up as well...
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I have a 2% Hurricane deductable on the value of my policy. Any Hurricane damage is subject to the deductable. My home is insured for $189,000 so the amount is not something I want to part with. I am inland from the coast. I know alot of the coastal communities their deductable is 5% plus. Which is huge considering that many coastal homes are 1,000,000 plus.