
A percentage deductible hides the real number. See what your wind or named-storm deductible equals in dollars — and how much a buy-down removes.
In market terms, the amount transferred is the line — the gap between your overlying carrier’s deductible and the level you buy down to. The level you keep is your attachment point, and programs carry a minimum attachment (commonly a few thousand dollars), so a buy-down reduces the deductible — it does not remove it. Figures are illustrative examples of how a percentage wind deductible converts to dollars at the shown insured value; they are not a quote, rate, or offer of coverage. Buy-down availability, minimum attachment, limits, and eligibility depend on the property and the overlying policy, and are governed solely by the terms of the issued policy. The buy-down floor shown is 1%.
Set your building’s insured value, then your current wind or named-storm deductible percentage. The first figure is what you would retain out of pocket per covered event today. Lower the buy-down slider to see the reduced retention and the exposure a buy-down removes. The buy-down floor shown here is 1% — the coverage is not designed to reduce the deductible to zero.
These figures are illustrative and are not a quote, rate, or offer. To see real terms for your property, get a quote, or read the complete guide to how the coverage works.
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