Named-Storm Deductible
Salon insurance glossary
Definition: A named-storm (or hurricane) deductible is a separate, often percentage-based deductible that applies to damage from a named storm.
Why it matters for salons and spas
Salons in coastal Florida, the Carolinas, Georgia, Texas and Virginia should compare these deductibles across quotes.
Example
A Florida salon’s property policy applies a percentage deductible to hurricane damage.
Related terms
Learn more: salon property insurance in Florida · full glossary · salon insurance questions.
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