Wayland Patch 8/30/11: Deductibles Different For Hurricane Damage – Wayland, MA Patch. Massachusetts residents whose property is damaged by Hurricane Irene may discover they’ll be paying more for repairs than expected. The Associated Press reports that most homeowner insurance policies include a deductible that’s typically $500 to $1,000, but out-of-pocket expenses for hurricane damages can be much higher.

“In 18 states on the East and Gulf coasts, insurers are allowed to include hurricane deductibles in homeowners policies,” the AP reported. “These amounts apply only to hurricane-caused damage, and typically range from 1 percent to 5 percent of the insured value of a home. Deductibles may be higher in some coastal areas. For example, a policyholder whose home is insured for $200,000 with a 2 percent hurricane deductible would have to pay the first $4,000 to repair hurricane damage.”