Why Crown Point Homeowners Should Review Their Wind and Hail Deductibles Now 

Storm season has a way of arriving before homeowners feel ready. Now is the time to look closely at your home insurance policy’s wind and hail deductible, because that amount can have a significant impact on what you pay out of pocket when damage occurs.

What Does This Deductible Do?

A wind and hail deductible may be calculated as a percentage of your home’s insured value rather than a flat amount. If your home is insured for a high value and a storm causes roof or siding damage, your deductible could be a much larger sum than your policy documents may suggest.

Why Should It Be Reviewed?

Your coverage needs can shift over time, and your deductible should reflect your current situation. Here are a few scenarios worth thinking through:

• Your home’s insured value has increased, which may raise your percentage-based deductible in dollar terms.
• You made upgrades like a new roof or siding, which may affect both your coverage and your deductible structure.
• Your financial situation has changed, and your current out-of-pocket exposure no longer fits your budget.
• Your policy was renewed without a detailed review, leaving outdated terms in place.

A quick review can surface options you may not have considered, including adjustments to deductible levels or coverage limits that better match your current circumstances.

How Can Shirer Insurance Services Help?

Our team works with multiple carriers, which means we can help you compare options and understand the tradeoffs in plain language. We serve Crown Point, IN, and we take time to walk through your policy with you.

Contact Shirer Insurance Services today for a policy review or personalized quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.