Name: Johnson Insurance Agency
Price range: $$

If your homeowners policy renewed recently, check the deductible section. Many Colorado insurers have moved from a flat $1,000 deductible to a separate wind and hail deductible set as a percentage of your dwelling coverage. For a Front Range homeowner, that change can matter more than the premium itself.

How a Percentage Deductible Works

A 2% wind and hail deductible on a home insured for $500,000 means you pay the first $10,000 of a hail or windstorm claim. A 1% deductible would be $5,000. Your regular deductible still applies to other claims, such as fire, theft, or a burst pipe.

Why Insurers Use Them in Colorado

Colorado regularly ranks second only to Texas for hail insurance claims, and a single storm can damage thousands of roofs across the metro area. Percentage deductibles shift part of that cost back to homeowners and let carriers keep writing policies here. Some carriers also offer roof-only actual cash value settlements for older roofs, which reduces what they pay for roof damage.

Questions to Ask at Renewal

Is my wind and hail deductible a flat amount or a percentage, and what is it in dollars?
Is my roof covered at replacement cost or actual cash value?
Would a Class 4 impact-resistant roof lower my premium or deductible?
How much would I save by choosing a higher deductible, and do I have that amount in savings?

The Colorado FAIR Plan

Colorado created the Colorado FAIR Plan as an insurer of last resort for homeowners who can’t find coverage in the private market, especially in high wildfire-risk areas. FAIR Plan policies are more limited than a standard homeowners policy, so it’s best used when no other option is available. In the Englewood area, most homes can still be placed with a private carrier.

We can compare deductible options from multiple carriers side by side. Learn more about home insurance or request a quote.

Have questions about your coverage? Call Johnson Insurance Agency at 303-768-8130 or stop by our office at 14 Inverness Dr. E, Suite G236, in Englewood. We compare coverage from multiple carriers for families and businesses across the Denver metro area and Colorado.