The homeowners insurance deductible is not the amount you pay but the amount the insurance company deducts from the claim check.
HURRICANE DEDUCTIBLE
If you have a % deductible such as 2% hurricane deductible the insurance company will deduct 2% of the insured dwelling amount from the claim check
Example you have a 250,000 home with a 2% Hurricane Deductible
250,000 x 2% = $5,000
Your insurance company would deduct $5,000 for any hurricane related damage claim check
You would be responsible for the first $5,000 of damage to your home
If your hurricane damage estimate is below $5,000 you would not receive a claim check for damages from your insurance company until your damages exceed $5,000
The Hurricane deductible only applies to a Hurricane damage related claim
Tropical storms would not apply
NAMED STORM DEDUCTIBLE
Would apply only if the wind damage is from a storm with a name including Tropical storms and HurricanesÂ
WIND/HAIL DEDUCTIBLE
Your wind or hail deductible would apply the same way as above but it would apply to any and all wind claims including Tropical storms and Hurricanes
Any wind damage regardless if the damage is from a Named Storm your wind deductible would apply