New Jersey Businesses Save Thousands with Windstorm Deductible Buyback

Real-World Examples and Statistics

According to the Insurance Information Institute, the average deductible for windstorm damage can range from 1% to 5% of a property's insured value¹. For a business with a property insured at $1 million, this could mean a deductible of $10,000 to $50,000. By securing a buyback policy, businesses can mitigate these costs significantly. In fact, many businesses have reported saving upwards of 50% on their deductible expenses by implementing these policies².