Insurers cannot impose hurricane deductibles in Delaware

November 2, 2012

Delaware Insurance Commissioner Karen Weldin Stewart has issued a bulletin and announced that Delaware homeowners will not face higher-cost hurricane deductibles resulting from the impact of this week’s damaging storm.
Stewart notified the industry today that based on data from the National Weather Service, Storm Sandy did not have sustained hurricane-force winds when it made land in Delaware, therefore companies may not impose a hurricane deductible on Delaware claims.
Stewart stated, “Our number one priority at the department of insurance is protecting Delawareans. We will continue to closely monitoring the industry to guarantee that carriers are complying with all state insurance laws, and we have extended our office hours to assist policyholders with questions and complaints.”
Consumers with additional questions can contact the insurance department at 1-800-282-8611.