After many homes in and elsewhere in Connecticut were damaged by , that made property owners responsible for an extra portion of the repair costs even though the storm wasn’t rated as a hurricane.
The Hartford Courant reported that a new bill in Hartford that just passed the General Assembly House of Representatives unanimously would prohibit insurance companies from applying the hurricane deductible if a storm had been downgraded to a tropical storm when it hit Connecticut.
"We are now one step closer to protecting homeowners from insurance industry abuse," East Haven state Rep. , who serves as the chair of the is quoted in the article.
While standard policy deductibles can make the policyholder responsible for the first $500 or $1,000 of coverage, hurricane deductibles are based on a percentage and might be as high as 5 percent.
