The 1% vs. 2% Wind-Hail Deductible: How It Impacts Your Wallet
When it comes to home insurance, one small percentage can make a huge difference. Many Texas homeowners are seeing their wind and hail deductibles increase to 2% or even higher—but at WeadCo Insurance, we still offer 1% deductibles on qualifying policies, setting us apart from many other agencies. Let’s break down why that matters and how much it can actually cost you.
What Is a Wind-Hail Deductible?
Your wind-hail deductible is the amount you pay out of pocket before your insurance kicks in to cover wind or hail damage—something every Texas homeowner needs to be prepared for.
Rather than being a fixed dollar amount, this deductible is a percentage of your home’s insured value. If your home is insured for $800,000, your deductible isn’t a flat fee—it’s 1% or 2% of that home value, depending on your policy.
How Much Can a Higher Deductible Cost You?
Here’s a real-life example of why a 1% deductible is so valuable:
🔹 Home Value: $800,000
🔹 1% Deductible: $8,000 out of pocket
🔹 2% Deductible: $16,000 out of pocket
That’s a $8,000 difference in what you’d pay before insurance even helps!
Real-Life Scenario
Imagine a strong Texas storm rolls through and damages your roof. The repair estimate is $25,000.
With a 1% deductible, you pay $8,000, and insurance covers the remaining $17,000.
With a 2% deductible, you pay $16,000, and insurance only covers $9,000.
Bottom Line? You could end up paying almost double out of pocket just because of that 1% difference in your policy. That’s the WeadCo difference.
Why Are So Many Agencies Offering 2%?
Many insurance carriers are increasing wind-hail deductibles due to rising claim costs and the frequency of severe storms in Texas. A 2% deductible allows insurers to shift more financial risk to homeowners, reducing their payouts.
But at WeadCo Insurance, we’re committed to keeping 1% wind-hail deductibles available for our clients whenever possible. This means you get better financial protection without facing huge unexpected costs after a storm.
How to Check Your Current Deductible
If you’re unsure whether your policy has a 1% or 2% wind-hail deductible, it’s time to review your coverage. Look at your policy declarations page or give us a call—we’d be happy to go over it with you and ensure you’re not overpaying in the event of a claim.
WeadCo’s Commitment to Protecting Your Assets
We believe in keeping Texas homeowners covered without unnecessary financial burden. If your agent hasn’t told you about the difference between 1% and 2%, it’s time to talk to WeadCo!
📞 Contact us today to review your policy and see how we can keep your costs lower when the next big storm hits .
