Here are some examples of deductibles consumers might have to pay under hurricane insurance policies that have deductibles based on a percentage of the value of the policy. Remember that under Rhode Island law, that percentage cannot exceed 5 percent of the value of the policy.

Insured Value of Home 1% 3% 5%
$250,000 $2,500 $7,500 $12,500
$500,000 $5,000 $15,000 $25,000
$750,000 $7,500 $22,500 $37,500
$1,000,000 $10,000 $30,000 $50,000