Roof Deductible Buyback
Worried about your high wind/hail deductible?
If you have a wind-hail deductible of 5% or more, you could be on the hook for tens of thousands of dollars out of pocket — even with full coverage. But, there's a better way. You can reduce your out of pocket costs significantly with a wind/hail or named storm deductible buyback program.
It takes about 5 minutes to enter the information we need. We don't need a copy of your homeowners insurance, but we will need details about your policy coverage for a quote.
Get a quote today!Question? Reach out!The high deductible problem
Higher deductibles have become more and more common in Texas in recent years. Insurance companies are requiring higher deductibles to combat losses to due to the increased frequency of catastrophic weather in the state, and insureds are requesting higher deductibles to keep their rising insurance rates to a minimum.
These deductibles can be as high as 5% or even 10% of your dwelling limit. On a policy with $500,000 in dwelling coverage with a 5% wind/hail deductible, that’s $25,000!
Here’s what that looks like for you:
Scenario: A hailstorm damages your roof and you need a full roof replacement.
-
Roof Replacement: $25,000
-
Homeowners Dwelling Coverage: $500,000
-
Wind/Hail deductible: 5% ($25,000)
-
Your out-of-pocket cost: $25,000
-
Insurance payout: $0
You would be covering the entire roof replacement yourself. The insurance wouldn’t pay out at all.
So what can you do to save yourself thousands in the event of a claim?
Enter the Wind Deductible Buyback Program
The Wind Deductible Buyback Program is a separate, affordable policy that steps in when your wind-hail deductible does. Instead of paying your full deductible out of pocket, the buyback program covers the gap — so your roof claim actually pays out the way you expected it to.
What the scenario above would look like with a wind deductible buyback (WDBB):
- Roof Replacement: $25,000
- WDBB deductible: $5,000
- Your out-of-pocket cost: $5,000, instead of $25,000
- WDBB payout: $20,000, instead of $0
That’s $20,000 back in your pocket!
Why Brockman Premier Insurance
Easy
It takes just a few minutes to provide the info we need to run your quote, and help you start saving today!
Trusted
We've been in business since 2009, serving all of Texas! We're experts with tons of experience in the market.
Proactive
We run your quotes when you have a significant rate increase before you even have to ask, so you always know you have the best rate!
Want to find out if the Wind Deductible Buyback Program is right for you?
Click the link below to get a free quote today. It should only take about 5 minutes to enter the information we need. There will be a few questions about your current homeowners insurance coverage on the form.
