What is a Deductible?
The deductible is the amount that you agree to pay before your insurance policy begins to pay. It works in the same way as other policies. And just as with other policies, a higher deductible results in a lower monthly rate.
Are There Exceptions?
Due to the nature of hurricanes, deductibles are applied differently in the event that there is damage claimed. GreatFlorida Insurance Agent can provide you with additional information on how deductibles work.