Why percentage deductibles are common here
Hail and wind cause a large share of property claims in South Dakota. To manage that risk, many carriers use a separate wind and hail deductible set as a percentage of the dwelling limit, rather than a flat dollar amount. On a $340,000 house, a 2% deductible is $6,800.
Using the hail percentage deductible calculator
- Enter your Coverage A dwelling limit from the declarations page.
- Pick your wind and hail percentage and enter your regular flat deductible.
- Enter an estimated damage amount to compare payouts.
- Check the ladder table to see the same loss at other percentages.
What it means for appraisal
The deductible comes off the award, not the dispute. If the carrier’s estimate is close to your deductible, a modest increase in appraisal can turn a near-zero payment into a meaningful one. If the whole loss falls inside the deductible, appraisal will not change what you receive.
Some policies calculate the deductible differently. Your declarations page and endorsements control.
Questions about this tool
Is the percentage based on the loss or the dwelling limit?
Usually the dwelling limit (Coverage A), not the amount of the loss. Check your policy wording.
Does the wind and hail deductible apply to every claim?
Normally only to losses caused by windstorm or hail. Other perils use the regular deductible.
Can I change my deductible?
You can ask your agent at renewal. A lower deductible usually means a higher premium.