It pays this time of the year to review your homeowners policy and know your deductible. It used to be that insurers would simply write a $250 or $500 deductible (the amount you are responsible for in the event of a claim). Well, things have changed. $1,000 all peril deductibles are the norm these days - if you can get it. It's not uncommon to see $2,500 deductibles customers request in order to keep the premium down. The past few years we have seen the entrance of different kinds of deductibles. You may see a named storm deductible of 3% or more, depending on how close to the coast your home is. In this instance, you have a SEPERATE deductible in the event the claim damage is a result of a tropical storm has reached enough intensity to warrant an official name. A normal deductible would apply for damage caused by any other peril. I have seen some homeowners insurance in Myrtle Beach, SC or Charleston, SC have a 5% named storm deductible. Regardless of the percentage, the deuctible would be 3 or 5% of the total value of the home on the policy. With a 3% deductible and a $200,000 valued home your deductible would be 3% of $200,000 or $6,000. You may have a 3% Hurricane deductible. This would only come into play if you have damage from an actual hurricane. Then you may have a windstorm deductible. This would be a seperate deductible if you have damage from ANY windstorm. Different companies have different deuctibles and guidelines so it pays to know what your deductible is.