Most insurance companies will not release claim payments until the deductible has been paid in full.

A Wind Deductible Buy Back policy gives agents the ability to significantly reduce their client’s exposure to catastrophic financial loss. For example, a 5% deductible for a building insured for $1,000,000. is $50,000. – a considerable sum at any time, but especially after a storm. Deductibles can be reduced from 10% down to 1%, or a flat dollar amount that is easier for the client to manage.

Highlights

• Wind events covered by the primary policy will trigger the WBB policy to respond.
• Follow-form coverage
• Occurrence & Aggregate form options
• Builders risk available