Hurricane Claim Deductible Calculator

Calculate hurricane deductibles using coverage and loss details. Visualize payouts with an instant chart. Download clean reports for your records anytime.

Enter Policy and Claim Details

Policy Setup

More options
If enabled, a simplified factor may reduce covered loss.

Coverages & Sublimits

Expanded

Deductible Rules

Advanced
If used, it stacks on top of the core deductible.

Claim Amounts

Loss Allocation (What-if)

Used only when deductible applies to dwelling bucket.
If totals are not 100, the tool normalizes them.

Example Data Table

Scenario Coverage A Deductible % Claim
Starter $250,000 2% $35,000
Higher limit $400,000 3% $65,000
Annual remaining $300,000 2% $45,000
Examples illustrate options, not policy advice.

Actions

After submission, results appear above the form.

Formula Used

Covered Loss
NetLoss = max(0, GrossClaim − Exclusions − Depreciation)
NetLoss₂ = NetLoss × CoinsuranceFactor
Allocate(NetLoss₂) → Dwelling, Contents, ALE
CoveredLoss = min(PolicyLimit, Allocations + AddCoverages)
Deductible and Payout
PercentDed = DeductibleBase × (Hurricane% / 100)
CoreDed = rule(PercentDed, FlatDed, MinDed, MaxDed)
CoreDedApplied = cap/remaining(CoreDed, AnnualCap, Used)
TotalDed = CoreDedApplied + WindstormFlat
Payout = max(0, CoveredLoss − TotalDed − PriorPaid)
The “dwelling-only” option is a what-if model that applies deductible to the dwelling allocation first.

How to Use This Calculator

  1. Enter coverages and optional sublimits you want to model.
  2. Choose the deductible basis, mode, and occurrence treatment.
  3. If needed, enter annual deductible used and an annual cap.
  4. Provide claim values, then calculate to view results and chart.
  5. Export CSV or PDF to save your estimate quickly.

Insights

Deductible base changes the math

Percentage deductibles scale with the selected base, so small percent changes can move the out-of-pocket amount by thousands. With Coverage A of 300,000, a 1% deductible is 3,000, 2% is 6,000, and 5% is 15,000. If your policy uses total coverage (A+B+C+D+additions), a 540,000 base makes 2% equal 10,800. The calculator displays the base used and the computed percent deductible.

Limits and sublimits shape covered loss

Covered loss is capped by the chosen policy limit and your sublimits. For example, an ALE allocation of 12,000 stays unchanged, but an ALE allocation of 25,000 is reduced to a 15,000 ALE sublimit. Ordinance and law additions can also be capped, which is useful when modeling code upgrades after a storm.

Annual remaining scenarios reduce surprise

Named-storm deductibles are often tracked per calendar year. When you select annual remaining, the tool subtracts deductible already satisfied this year and applies any annual cap you set. Example: a 6,000 core deductible with 2,000 already applied becomes 4,000 remaining; a 10,000 annual cap would not change it. This option is designed for planning.

Allocation clarifies deductible scope

Some scenarios require applying the deductible to a specific bucket first. The dwelling-only what-if mode allocates net loss into dwelling, contents, and ALE using your percentages (the tool normalizes them if they do not sum to 100). If you model 70% dwelling, 20% contents, and 10% ALE on a 40,000 net loss, the buckets are 28,000, 8,000, and 4,000 before any sublimits. The deductible is applied to the dwelling bucket first, and the remaining buckets roll into payout.

Exports support documentation workflows

CSV export captures inputs and the full breakdown for spreadsheets, scenario comparison, and adjuster notes. PDF export provides a print-ready snapshot of calculated values and selected options, supporting claim files and internal reviews. Pair exports with the sensitivity chart to compare outcomes across deductible settings (0%–10% in 0.5% steps) and to document why a 2% versus 5% deductible meaningfully changes payout.


FAQs

What does “Covered loss” mean here?

Covered loss is the modeled amount after exclusions, depreciation, optional factor, and limit caps. It is the amount the deductible is applied against in the default mode.

Does this replace an insurer estimate?

No. It is a planning tool using the inputs you provide. Actual claim handling may apply policy language, endorsements, and adjuster findings that differ from simplified assumptions.

Why offer a coinsurance percentage?

Some commercial forms use coinsurance concepts. The calculator includes an optional simplified factor to explore how under-insurance could reduce recoverable amounts. Set it to 0 to disable.

When should I use annual remaining?

Use annual remaining when your named-storm deductible is tracked within a calendar year and you want to account for deductible already satisfied. Enter the amount previously applied this year.

How is the sensitivity chart computed?

It recalculates payout across deductible percentages from 0% to 10% using your current settings, including min/max rules, annual remaining logic, windstorm flat deductible, and prior payments.

Can I model multiple coverages in different ways?

Yes. Use allocation inputs and the deductible scope selector to test “all covered loss” versus “dwelling bucket only” scenarios. Keep allocations realistic so comparisons remain meaningful.

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Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.