A Standard Peril Deductible is the amount a homeowner must pay out of pocket before their home insurance coverage kicks in. This deductible is typically either paid directly to the contractor handling repairs or subtracted from the final claims settlement when a covered loss is paid.
Managing Deductibles in the Agent Portal
You can view and select deductible amounts directly within the Agent Portal.
- Navigate to the Coverage tab.
- Select your desired deductible amount from the available options.
State-Specific Guidelines & Restrictions
Some states have specific limits or mandatory minimums for Standard Peril Deductibles based on the home's Replacement Cost Estimate (RCE).
Virginia
- The Standard Perils deductible cannot exceed 10% of the home's RCE.
Mandatory Minimum Deductibles
The states listed below enforce the following minimum deductibles:
| Replacement Cost Estimate (RCE) | Minimum deductible |
|---|---|
| Less than $1M | $2,500 |
| $1M or over | $5,000 |
States: Alabama, Arizona, Connecticut, Delaware, Georgia, Illinois, Indiana, Kansas, Kentucky, Mississippi, Missouri, New Hampshire, Ohio, Oklahoma, Oregon, Pennsylvania (MST Policies), Tennessee, Utah, and Wisconsin
For further assistance, contact us via our webform or Live Chat.
The above is meant as general information. This information does not modify any provisions, limitations, or exclusions expressly stated in any insurance policy. Descriptions of all coverages and other features on this page are necessarily brief; in order to fully understand the coverages and other features of a specific insurance policy, we encourage you to read the applicable policy. Whether an accident or other loss is covered is subject to the terms and conditions of the actual insurance policy or policies involved in the claim. References to general claims handling steps, average or typical premiums, amounts of losses, deductibles, costs of coverages/repair, etc., are illustrative and may not apply to your situation.