Wind/Hail Deductible Buy-Back Coverage
Help reduce residential out-of-pocket exposure when cash is critical.
Coverage A
Rebuild cost of $250K+
Minimum Buy-Back
As low as $2,500*
Follow Form
To primary policy terms
50 States
Available in all states
It's supplemental follow-form buy-back coverage for residential owners with high wind, hail, or hurricane deductible risk.
How Does It Work?
Primary wind/hail deductible is $100K, for example
Customer chooses to retain $10K out-of-pocket of the deductible
A covered storm loss occurs
The primary policy adjusts the loss
Deductible Buy-Back policy reimburses $90K of deductible
Customer only pays $10K out of pocket.
What’s Included
Owner-occupied and standard residential property
(excluding manufactured and mobile homes)
Reimburses covered wind, hail, and hurricane deductibles
HO3, HO5, HO6, DP3, and state-sponsored wind coverages
(e.g., TWIA)
Name a target premium feature for fast track underwriting review and price matching
Instantly quote, bind, and issue a policy up to $50K
Follow-form to primary policy terms
As low as $2,500
How Are Claims Handled?
Alexis owns a home in North Carolina.
A storm broke windows and tore holes in the roof, causing $100K in damage and triggering the $30K deductible on her primary policy.
Luckily, Alexis had purchased a Deductible Buy-Back policy to bring her out-of-pocket exposure down from $30K to $5K.
Alexis paid the $5K to get the repairs started and her Deductible Buy-Back policy picked up the $25K difference.
$30K deductible
out-of-pocket
Deductible Buy-Back
Real World Examples
Homeowner in Florida
Vacation House in Colorado
Single Family Rental in Illinois
