08/28/2026
DO YOU KNOW THE DIFFERENCE BETWEEN YOUR DEDUCTIBLES? 🌀🏠
When it comes to insurance, "the deductible" isn't always as simple as it sounds — especially here in Louisiana.
You may have a standard deductible, a named storm deductible, and/or a wind deductible. But what exactly do they mean?
🔹 STANDARD DEDUCTIBLE
This is the amount you are responsible for paying toward a covered loss before your insurance begins paying. For example, if you have a $2,500 deductible and a covered $20,000 loss, you would generally pay the first $2,500 and the policy would respond to the remaining covered amount.
🔹 NAMED STORM DEDUCTIBLE 🌀
This deductible applies to certain losses caused by a storm specifically defined in your policy — typically a named hurricane or tropical storm. These deductibles are often a percentage of the insured value, rather than a flat dollar amount.
🔹 WIND DEDUCTIBLE 💨
A wind deductible applies to covered damage caused by wind or windstorm, depending on how your policy defines the coverage. Like a named storm deductible, it may be a percentage of the property's insured value rather than a flat dollar amount.
Here's the important part:
Two policies can have the same premium and the same coverage limit but have VERY different out-of-pocket costs when a storm hits.
For example, a 2% deductible on a $500,000 insured property could mean $10,000 out of pocket before the policy responds.
That's why it's important to know what your deductible is, when it applies, and how it's calculated — BEFORE a storm hits.
At GSIA, we review your coverage with you at renewal so you know what you're paying for and what you could be responsible for in the event of a claim.
🌀 Don't wait until hurricane season to find out what your deductible is.
