Corbett: No Insurance Deductibles Will be Applied to Sandy Damage
Governor Tom Corbett advised insurance companies that deductibles, which can be up to five percent of the insured value of a home, should not be applied to any Hurricane Sandy homeowner insurance claims.
Below is a press release from the Pennsylvania Insurance Department: Harrisburg – Governor Tom Corbett today announced that Pennsylvania homeowners will not have to pay hurricane deductibles on insurance claims stemming from damage caused by Hurricane Sandy. “Insurance deductibles could have added significant costs to Pennsylvanians already struggling to clean up and rebuild after Hurricane Sandy,” Corbett said. “Insurance companies have deployed catastrophe teams to Pennsylvania and they have been advised that hurricane deductibles should not be applied to any homeowner’s insurance claims.” Some homeowner’s insurance policies for properties in Pennsylvania have special “hurricane,” “tropical storm” or “named storm” deductibles based on a…
chris
6:06 pm on Saturday, November 3, 2012
You must be a insurance CEO! Come to my house I will let you know how I feel!!! I hope they INTERRUPT you big time!! Warner? what are thinking people are in pain and are in big time need of help and you talk about Penn State come on!! Penn State Scandal is on the bottom of my list!! Lets get help to people and pets that need it please!! ChrisZ more ›