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Started By
Message
re: Hurricane deductible
Posted on 7/9/10 at 5:33 pm to goinallout
Posted on 7/9/10 at 5:33 pm to goinallout
quote:
Yes, La has a one time per season named storm deductible law.
Great news, when Gustov hit I (like many others) were suprised by the "new" deductible that insurance companies were allowed.
1
Posted on 7/9/10 at 6:37 pm to Chrome
quote:
Yes, La has a one time per season named storm deductible law. I just bought a house in BR and my agency is Insurance Network of La. 2 quotes, Hanover and Safeco neither had a named storm deductible.
I have the Hanover that still exists and it is per wind occurence. There is nothing in the policy that says anything about a named storm like it used to. So if a hurricane comes through thats a deductible.If a bad thunderstorm comes through, thats another. If a second thunderstorm comes its a third.I would bet if a second hurricane hits, you'll have to sue and try to collect based on the one named storm law per season. I think you'll lose however.
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