Florida Hurricane Deductibles Explained: 2%, 5% or 10%?

Most Florida homeowners policies have a separate hurricane deductible, usually a percentage of your dwelling coverage, such as 2%, 5% or 10%. On a home insured for $400,000, a 2% deductible means you pay the first $8,000 of a hurricane claim. Choosing the right percentage balances premium savings against what you can afford after a storm.

How is a hurricane deductible calculated?

The percentage applies to your Coverage A, the amount the home itself is insured for, not the claim amount. A 5% deductible on $400,000 of coverage is $20,000.

In Florida, the hurricane deductible generally applies once per hurricane season rather than for each storm, so a second storm in the same season may be handled under your regular deductible.

Should I choose a higher hurricane deductible?

A higher percentage lowers your premium, sometimes noticeably. But you need savings set aside to cover that amount after a storm.

We run the numbers for each option so you can see the annual savings next to the out-of-pocket risk.

Does the hurricane deductible apply to flooding?

No. Flood damage is excluded from standard homeowners policies. Flood insurance is a separate policy with its own deductible.

Many South Florida homeowners carry both, even outside high-risk flood zones.

Frequently Asked Questions

What is the most common hurricane deductible in Florida?

Two percent is common, though 5% and 10% options are available and lower the premium.

Does the hurricane deductible apply to tropical storms?

It applies to hurricane losses as defined in your policy. Read the definitions or ask your broker.

Can I change my hurricane deductible?

Usually at renewal. Ask your broker to quote different options before your renewal date.

Related Reading

• Hurricane and Windstorm Insurance in Sunrise, FL: How Your Deductible Works
• Flood Insurance vs Homeowners Insurance: What Does Each One Cover in Florida?