Florida’s 2%, 5% or 10% hurricane deductible can leave a post-storm cash gap:...

https://andersonsimpressivecolumn.urbanvellum.com/posts/what-s-the-simplest-explanation-of-a-hurricane-deductible-for-first-time-florida-homeowners

Florida’s 2%, 5% or 10% hurricane deductible can leave a post-storm cash gap: on a $500,000 home, 2% means $10,000 out of pocket. A collateral loan or selling a Rolex may help with cash flow