What is your homeowners deductible?
Some people are surprised to learn it can be quite high
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News editor
Isle of Wight and Surry residents avoided a hit by Hurricane Earl this time, but local insurance carriers advise homeowners that now is the time to check their policies for storm-related deductibles.
After Hurricane Isabel in 2003, and more recently, Katrina, some insurance carriers made changes to how they calculated deductibles with regard to storm damage.
It was a way to spread out the impact of major storms in coastal areas, said Fred Walls, an independent insurance agent in Smithfield.
