Home Owners Insurance Deductible

[rosiedozie]

How much is yours - what % of your home value is that?

[mrs.spunky]

Ours is $1k and a 3% hurricane deductible.
We have a $1k deductible on our sump pump rider as well.

[rosiedozie]

We got a quote for our first home and they quoted 1% of the replacement value (about $2,100) rather than a straight dollar amount.

[lys]

1K

[tripleshot]

Our deductible is $1k too.

[boiler717]

$1k

[Susie]

$1k.

[stephm0188]

1K.
We waffled back and forth over 500 vs 1,000 and went with the higher. "We'll probably never need to use it!"

A week after closing, we were hit by a hailstorm.

[gtkim]

Ours is $2500.

[auberge]

1k

[tarianne]

$2500. The yearly costs are outrageous otherwise. I really want to look into another insurance company.....

[mrsjuleshs]

1% but 2% wind

[makingithappen]

1k and 1% wind

[jewel]

$750, which is about 0.2%. I've never had a deductible quoted as a % though, only flat dollar amounts.