Wind/Hail Deductible Buyback

WIND/HAIL DEDUCTIBLE BUYBACK

Help property owners reduce their financial exposure from wind and hail losses. Our Wind/Hail Deductible Buyback provides a straightforward way to lower high deductibles, making coverage more manageable and predictable after a claim. Available for commercial and residential properties, this solution helps policyholders gain greater control over out‑of‑pocket costs in storm‑prone areas and can be easily packaged with eligible policies for simplified placement.

POLICY HIGHLIGHTS

PERSONAL

Available on HO3, HO5, HO6, and DP3 policies
Options for coverage A-D
Can make claims due to losses incurred by hurricane, named storm, or all wind and hail
Underlying policy TIV up to $20M (higher limits can be submitted for consideration)
Buyback policy TIV up to $1M
Minimum deductibles starting at $2.5K
No restrictions for the age of the building or the age of the roof
Available in high and very high wildfire areas
Deductible types available:
- Percent to dollar
- Dollar to dollar
- Percent to percent
Can be written as a stand-alone policy OR packaged with the primary homeowners or dwelling policy
No additional policy fee for the wind/hail buyback policy if packaged with the primary homeowners or dwelling policy