How percentage deductibles work
Some Minnesota homeowner policies apply a separate wind/hail deductible written as a percentage of Coverage A (dwelling). On a $410,000 dwelling limit, a 1% deductible is $4,100 — compared with a flat deductible that might be $1,000 or $1,500. The percentage deductible usually applies to the whole storm claim, not each item.
What this percentage deductible calculator shows
- Your percentage deductible in dollars.
- The claim payment after that deductible.
- What the payment would be if the flat deductible applied instead.
- Whether the loss falls entirely within the deductible.
Why it matters before appraisal
Appraisal sets the amount of loss; the deductible comes off afterward. If the loss is close to the deductible, even a successful appraisal may change little. If the loss is well above it, every dollar recovered through appraisal reaches you.
Check your declarations page for the exact deductible and whether it applies to wind, hail or both. Figures shown are illustrative.
Questions about this tool
Where do I find my wind/hail deductible?
On the declarations page. It may be listed as a percentage, a dollar amount or both, sometimes as a separate line for wind and hail.
Is the percentage based on the claim amount?
Usually not. It is normally a percentage of the dwelling coverage limit. Read your policy to confirm.
Does appraisal change the deductible?
No. Appraisal decides the amount of loss. The deductible is applied under the policy terms after that amount is set.