|Nov 20, 2012, 12:03 PM||#1|
Texas Insurance Storm Damage Deductible $ vs %?
I live in Houston, Texas and have USAA as my insurance company. I've been told by USAA where as I used to have a $1000 deductible for wind/storm damage for a house in Minnesota, USAA told me the State of Texas requires a 2% minimum of house value for a deductible.
I'm wondering if this is BS and if you can infact find insurance in Texas with a $$ deductable vs a %. I'm looking more into this with other insurance companies and plan on checking with what the State says. Any familiar or Texas based insurance reps around who care to share?
The modern business ethos: "I'm worth it, you're not, and I'm a glutton!"
MBP, 2.2 GHz intel i7, Radeon HD 6750M, Bootcamp: W7.
PC: i5 4670k, 8GB RAM, Asus GTX670 (2GB VRAM), W7.
|Nov 20, 2012, 12:23 PM||#2|
I live in Texas, and our insurance is written with a 1% deductible. I'm not aware of being able to write it for a set dollar amount, although in the end it's pretty much the same (e.g. choose a percentage of your home's declared value that's consistent with the deductible you want).
It has not been my experience that the deductible has to be a minimum of 2% of the home's value; like I said, mine is 1%.
I would scream just to be heard, as if yelling at the stars - I was bleeding just to feel.
You would never say a word, kept me reaching in the dark - always something to conceal.
|Nov 20, 2012, 12:27 PM||#3|
When I lived in Texas, it was a percentage as well, with USAA, but I thought it was only 1% (I don't remember exactly, and I don't have the house anymore).
Maybe there was a recent change, i.e. new fiscal year?
|Thread Tools||Search this Thread|
|thread||Thread Starter||Forum||Replies||Last Post|
|Texas Poker Club - The most beautiful Texas Poker on Mac||icsoft||Mac Applications and Mac App Store||1||May 14, 2014 09:11 PM|
|Liquid Damage and Insurance||MJ98||MacBook Pro||3||May 1, 2014 05:06 PM|
|Why doesn't health insurance work as well as other insurance?||ElectronGuru||Politics, Religion, Social Issues||46||Oct 19, 2013 05:32 AM|
|New paranoia in Texas||Thomas Veil||Politics, Religion, Social Issues||21||Mar 30, 2013 11:59 AM|
All times are GMT -5. The time now is 01:36 AM.