Texas Windstorm Deductible Buyback Transforms Property Costs Today
How Does It Work?
A windstorm deductible buyback policy essentially acts as a secondary insurance that covers the deductible portion of your primary windstorm insurance. For instance, if your windstorm policy has a 2% deductible on a $300,000 home, you would be responsible for $6,000 before your insurance kicks in. A buyback policy can reduce this amount significantly, sometimes to as low as $1,000, depending on the terms you select.