A hurricane deductible is a feature of some overseas property policies linked to a defined storm trigger.
The distinction that matters
Australian cyclone or storm policies should be checked on their own terms rather than assigned a US hurricane percentage or trigger.
What to check
- Identify the jurisdiction and trigger.
- Check percentage versus dollar excess.
- Read local storm and cyclone terms.
Example to discuss
An Australian property owner checks the scheduled cyclone excess rather than applying a US hurricane deductible example.
This is a hypothetical comparison, not a customer claim or a determination of cover.
Sources and further reading
General information only. The policy, schedule and applicable rules determine the actual position. For a personal decision, use an appropriately qualified adviser or the relevant provider.