http://www.youtube.com/watch?v=7JjFBJaD4kU

JUNE 2010

Hurricane and Windstorm Deductibles

June 1 marks the beginning of the Atlantic hurricane season, and every coastal state from Florida to Maine could potentially be hit by a storm. Many insurers in these states sell homeowners insurance policies with percentage deductibles for storm damage instead of the traditional dollar deductibles, which are used for other types of losses such as fire damage and theft.

REDUCE YOUR DEDUCTIBLE COST  INFO: WWW.JMDPS.INFO

During the Atlantic hurricane season, which lasts from June to November, every coastal state from Florida to Maine could potentially be hit by a storm. Increasing development along the coastal areas of these states has put more and more homes at risk of severe windstorm damage. To limit their exposure to catastrophic losses from natural disasters, many insurers in these states are selling homeowners insurance policies with percentage deductibles for storm damage instead of the traditional dollar deductibles, which are used for other types of losses such as fire damage and theft. With a policy that has a $500 standard deductible, for example, the policyholder must pay the first $500 of the claim out of pocket. But percentage deductibles are based on the home's insured value. So if a house is insured for $100,000 and has a 2 percent deductible, the first $2,000 of a claim must be paid out of the policyholder’s pocket.

Insurance companies determine the level of the hurricane or windstorm or wind/hail deductible and where it should apply, except in Florida where state law dictates these variables. Insurers' hurricane deductible plans must be reviewed by the state insurance department.

REDUCE YOUR DEDUCTIBLE COST  INFO: WWW.JMDPS.INFO

There are two kinds of wind damage deductibles: hurricane deductibles, which apply to damage solely from hurricanes, and windstorm or wind/hail deductibles, which apply to any kind of wind damage. Percentage deductibles typically vary from 1 percent of a home's insured value to 5 percent. In some coastal areas with high wind risk, hurricane deductibles may be higher. The amount that the homeowner will pay depends on the home's insured value and the "trigger" selected by the insurance company, which determines under what circumstances the deductible applies. In many states, policyholders have the option of paying a higher premium in return for a traditional dollar deductible. In some high-risk coastal areas, insurers may not give policyholders this option, making the percentage deductible mandatory.

http://www.iii.org/media/hottopics/insurance/hurricanwindstorm/

Eighteen states and the District of Columbia have hurricane deductibles: Alabama, Connecticut, Delaware, Florida, Georgia, Hawaii, Louisiana, Maine, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, Texas, Virginia and Washington DC. Listed below are reports for these states detailing hurricane deductibles

REDUCE YOUR DEDUCTIBLE COST  INFO: WWW.JMDPS.INFO

EFFECTIVE 1 JUNE 2010, JUNIQUES MARETING OFFERS A NEW WAY TO PAY YOUR INSURANCE DEDUCTIBLE FOR AUTO AND DENTAL INSURANCE.

WORKING WITH CS GROUP, A CONSULTATION COMPANY FOR SMALL BUSINESS,

JUNIQUES MARKETING OFFER THE PRE PAID DEDUCTIBLE PAYMENT PLAN.

NOW, YOU HAVE ANOTHER WAY TO PAY YOUR INSURANCE DEDUCTIBLE.

YOUR DEDUCTIBLE  $250  JMDPS $100 

 YOUR DEDUCTIBLE $500  JMDPS $200  

YOUR DEDUCTIBLE $1000  JMDPS $400

WWW.JMDPS.INFO

ADDITIONALLY, CS GROUP MEMBER, WILL BE GIVEN AN ADVERTISING ACCOUNT AT JUNIQUES MARKETING EXCLUSIVE ADVERTING AND PROMOTIONAL WEBSITE.

WWW.JUNIQUES.BIZ

CHECK OUT THIS NEW SERVICE NOW!!!!

 http://www.youtube.com/watch?v=7JjFBJaD4kU