How percentage deductibles work
Some Maine policies, especially on coastal property, apply a separate deductible to windstorm, hurricane or named-storm losses. It’s figured as a percentage of Coverage A (the dwelling limit), not of the loss. On a $410,000 dwelling limit, 2% is $8,200 before the policy pays anything for that storm.
What triggers it
The trigger is set by your policy wording: a named storm, a hurricane watch or warning, or any windstorm. A nor’easter isn’t a named storm, so a named-storm deductible may not apply to it, while a broader windstorm deductible might. Read the deductible endorsement on your declarations page carefully.
Appraisal decides the amount of loss before the deductible comes off. A higher award can lift a loss above the deductible threshold, which is why accurate pricing matters even on mid-size storm claims.
See also nor’easter and hurricane appraisal.
Questions about this tool
Is the deductible a percentage of my loss?
No. Percentage deductibles are a share of the dwelling coverage limit on your declarations page.
Does a named-storm deductible apply to a nor’easter?
Usually not, because nor’easters aren’t named by the National Hurricane Center, but the trigger language varies. Read your endorsement.
Can I change my deductible after a storm?
Changes apply going forward, not to a loss that has already happened. Ask your agent about options at renewal.