Hurricane Insurances (Orlando: broker, homes, deductible)

[WithDisp]

Was Irma a Hurricane in Orlando or a Tropical Storm?

Seemed to downgrade to a Tropical Storm Level by the time it hit Orlando, but I wager insurance companies will be charging Hurricane deductibles.

Anyone know the semantics on this?

[bmw335xi]

I'm pretty sure it's a hurricane, it demolished my pool screen including the metal beams.

2% deductible is pretty steep though.

[brinkofsunshine]

I know nothing about insurance, but it was a Category 2 that downgraded to a 1 as the eyewall moved over Central Florida.

[JRR]

It actually appears that the hurricane deductible is triggered by any time a hurricane watch/warning is issued for any part of the state of Florida and lasts up to 72 hours after the watch/warning ends or anytime hurricane conditions exist anywhere in the state.

[WithDisp]

Originally Posted by JRR

It actually appears that the hurricane deductible is triggered by any time a hurricane watch/warning is issued for any part of the state of Florida and lasts up to 72 hours after the watch/warning ends or anytime hurricane conditions exist anywhere in the state.

Sounds like a win-win for insurance companies.

[Rabflmom]

Originally Posted by bmw335xi

I'm pretty sure it's a hurricane, it demolished my pool screen including the metal beams.

2% deductible is pretty steep though.

Actually 2% is about the lowest deductible you can get. Many homes have 5%.

[bmw335xi]

Originally Posted by Rabflmom

Actually 2% is about the lowest deductible you can get. Many homes have 5%.

My broker said I can lower my deductible if I want, my premium will just go up, so far every quote I got from many companies all gave me 2% without asking me.

[Rabflmom]

Originally Posted by bmw335xi

My broker said I can lower my deductible if I want, my premium will just go up, so far every quote I got from many companies all gave me 2% without asking me.

Watch for the cancellations of homeowners and doubling of premiums now if they don't cancel. Ours will go up next year in May, probably even if we don't use it this yearn . Almost all our homeowners did that in 2004. FPL will hit us with the hurricane fees, too. As well as our auto insurance fee rising too.

[FL2MT]

Originally Posted by WithDisp

Was Irma a Hurricane in Orlando or a Tropical Storm?

The Sentinel had an article on this after the storm. The closest the eyewall came was Polk county, and the peak wind gust recorded in Orange county was just 78 mph so Orlando did not receive sustained hurricane force winds, just a few gusts that barely broke into the lower end of a category 1 hurricane.

Hurricane Irma: Eye of storm did not go through Central Florida - Orlando Sentinel