Imagine paying thousands of dollars a year for your homeowner’s insurance… only to find out that, when you finally need it, your insurance won’t cover anything—because your deductible is higher than the damage.
It might sound unbelievable, but this happens every single week to thousands of property owners in Florida, especially in high-value areas like Central Florida, where property prices are high and deductibles can become a silent trap.
What Is a Deductible?
It’s the amount of money you must pay out of pocket before your insurance covers any damage.
For example:
If your home is worth $600,000 and your deductible is 5%, that means you must cover $30,000 yourself before the insurance pays a cent.
So if the damage is $20,000?
The insurance pays nothing.
You’re left paying for everything—even after years of paying premiums.
The Common Mistake: Choosing a Policy Based Only on Price
Many homeowners fall into the same trap:
“I just want the cheapest policy.”
But here’s what they don’t realize:
The cheaper the policy, the higher the deductible—along with less coverage and a long list of exclusions.
In recent cases, even high-income professionals have unknowingly signed policies with 5% deductibles. When damage happens and they check the policy… it’s already too late.
🛑 So How Can You Protect Yourself?
Here are 5 smart steps that could save you from a major loss:
- Know your deductible
Is it a fixed amount (like $2,500)? Or a percentage (2%, 5%)?
Calculate it based on your home’s current value. - Review your policy every year
Policies can change without notice.
Some companies renew with new terms—and most people don’t read the fine print. - Ask your agent the tough questions
What’s covered and what’s not?
How much would I have to pay if I suffer minor damage? - Never sign without understanding
If you don’t understand the terms, get a professional explanation.
Terms like “windstorm deductible” or “hurricane deductible” make a big difference. - Consult a Public Adjuster
At Let Us Claim, we review your policy completely FREE.
No pressure, no small print—just honest, clear information.
Conclusion:
We’re all at risk of signing a policy that doesn’t actually protect us.
And when damage strikes—a water leak, a storm, a fire—your deductible can become your worst enemy.
Have you reviewed your policy this year?
Don’t wait for an emergency.
At Let Us Claim, we help you understand what you have—and what you really need—to protect your home.
📞 Call us today at 407-610-2333
Or visit 👉 https://letusclaim.com
