A deductible is the portion you pay out of pocket when a claim happens.
All Other Perils (AOP): Applies to fire, theft, or burst pipes.
Hurricane Deductible: Usually 2% – 5% of your dwelling limit (2% of $200k = $4k). You pay this once per year even if multiple storms occur.
Wind/Hail Deductible: Separate deductible for non-hurricane wind or hail events.
You pay your deductible first; the insurer covers the rest.