Dossier
storm deductibles
Coverage of storm deductibles in the Nexus archive.
- How storm deductibles can change your coverage costs in the Carolinas
Ron Thompson in Charlotte avoided significant damage when his neighbor's tree fell in his yard, but he faced unexpected costs due to insurance coverage limitations and a higher storm deductible. Insurance policies in the Carolinas may include storm-specific deductibles up to 5% of a home's value, which can sharply increase out-of-pocket expenses compared to standard deductibles.