Typically 2% or 5% of your dwelling coverage. A higher % means lower premiums but more out-of-pocket cost.
Most mortgage lenders cap this at 5%, and you only pay it once per year even if several hurricanes hit.
Typically 2% or 5% of your dwelling coverage. A higher % means lower premiums but more out-of-pocket cost.
Most mortgage lenders cap this at 5%, and you only pay it once per year even if several hurricanes hit.