Wind/Hail Deductible Buy-Back Program

MiniCo Insurance Agency offers a wind/hail deductible buy-back program for commercial property.

Wind and hail deductibles for commercial property are on the rise in many areas of the United States. Deductibles of 7% to 10% are becoming more common in the most challenging locations.

Program Benefits:

  • Lowers deductible to as little as 1% or a specific dollar amount
  • Decreases potential out-of-pocket financial exposure
  • Compliance with mortgage deductible requirements
  • Offers agents greater flexibility when discussing coverage

Features:

  • A.M. Best “A” rated non-admitted carrier
  • Storage and non-storage risks
  • Stand-alone policy
  • Knowledgeable underwriters
  • Claims handled by MiniCo’s experienced in-house staff

Sample Deductible Buy-Back Premiums

Florida

Building limit $1.8M
5% wind & hail deductible $90K
Buy back to 2% deductible $36K
Deductible reduction $54K
Premium $3,443

Texas Coastal

Building limit $1.8M
5% wind & hail deductible $90K
Buy back to 2% deductible $36K
Deductible reduction $54K
Premium $2,754