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CT Insurance Regulators: No Hurricane, No Extra Deductible. Period.

Source: Hartford Courant


Posted on 14 Oct 2011

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The next time a tropical storm breezes into Connecticut, homeowners might not have to worry about paying higher deductibles.

The Connecticut Insurance Department is revising guidelines for so-called hurricane deductibles, a process that started shortly after Tropical Storm Irene.

The new rules would allow insurers to have higher deductibles only if Connecticut experiences sustained, hurricane-force winds of 74 mph or stronger, said George Bradner, director of property-casualty at the Insurance Department.