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Tag: Hurricane Deductible

Hurricane Season and Your Homeowners Insurance: Do You Have A Hurricane Deductible?

Every year the entire eastern seaboard is either threatened or ravaged by hurricanes, tropical storms or tropical depressions during what is considered hurricane season which runs from June 1st through November 30th. In 2005, Hurricane Katrina had caused $41 billion dollars in devastation that the reinsurance companies realized they could not assume so much risk and that the primary companies needed to reduce their potential...