Wind & Hail Deductible Calculator

Percentage deductibles scale with your home's insured Dwelling Value rather than staying fixed like a standard flat-dollar deductible. On a $350,000 home, 2% works out to $7,000 -- far above the $500 to $2,000 flat deductibles common for other types of claims. This structure is common in coastal and tornado-prone areas specifically because wind and hail claims there are frequent enough that insurers price the risk differently from other perils.

Yes -- that's exactly what Your Cost per Claim is built to show. It takes the smaller of Your Deductible Amount and the estimated claim size, so if a hail claim's estimated cost falls below your percentage deductible, you'd cover the full repair yourself and Insurance Pays per Claim would show zero. This is the core tradeoff of a percentage deductible: it lowers your premium but can shut out payouts on small-to-moderate claims entirely.

It estimates roughly how many claim-free years it takes for the premium savings from choosing a percentage deductible over a flat $1,000 deductible to add up to the cost of paying that deductible once. A short break-even period suggests the premium savings are attractive even if you file a claim relatively soon; a long one suggests the savings only pay off if you go many years without a wind or hail claim.