Agent, Insurer And Hurricane Coverage
I have ASI insurance, a policy that was written by The Villages Insurance Agency.
No, a $500 hurricane deductible is NOT the state law as a previous poster stated. The lower deductible costs more than the 2% or 5% choices, and it's not offered by very many insurers, but it is available from ASI.
When I say that the $500 deductible is "lower", that's an easy calculation and decision. The break-even point between a $500 deductible and a 2% deductible is a loss of $25,000. A loss less than that and the 2% would be cheaper; more and your out-of-pocket would be more expensive. When I rode around and saw the damage caused by the tornado earlier this year it seemed to me I saw a whole lot more damage that would cost more than $25,000 to fix than less. For me, the $500 deductible choice was an easy one.
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