Is hurricane insurance mandatory in Florida?

Is hurricane insurance mandatory in Florida?

Despite the high risk, Florida doesn’t specifically require hurricane insurance. That’s because hurricane insurance isn’t a separate policy you can purchase. It’s included in a standard property insurance policy.

What is a normal hurricane deductible?

The typical hurricane deductible is between 1% and 5% of the home’s insured value, although policies in some vulnerable coastal areas could have an even higher deductible.

What is hurricane deductible in Florida?

All insurance companies must offer Hurricane Deductible options of $500, 2 percent, 5 percent, or 10 percent of the policy dwelling or structure limits, unless the specific percentage deductible is less than $500.