Released: September 08, 2008

Gustav victims face insurance worries

Source: USA Today

As victims of Hurricane Gustav’s fury turn to their insurance companies for help in recovering from the wind and water inflicted damage to their property, some are coming away with smiles while others may have a shock in store.
That’s because some people will find their homeowners’ insurance policies have a hurricane deductible that is a percentage of their home’s insured value rather than the traditional $500 or $1,000 deductible.

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