Deductible Buy Down

We love living in Colorful Colorado (and offering coverage in almost all 50 States), but we also know that it comes with some extreme weather. Our great State had the second highest number of hail claims in recent years, second only to Texas where everything is bigger including the number of hail claims. The top 10 states account for 66 percent of the total number of hail claims in recent years. It’s important to get coverage for extreme weather.

Most agents do not know how to explain the impact of a percent wind/hail deductible to their clients.

For example if a current policy has a 5% deductible, that can be a six-figure deductible for a wind hail loss on their building.

The buy down pays the difference between a ridiculously high wind/hail deductible and quadruples the savings.

For example a $10,000 deductible, but would pay the difference between $117,000 (5% deductible) and $10,000.

Total cost is $22,729.35.

So $22,729.35 + $10,000 = $32,729.35
$117,000 – $32,729.35 = approx. $84,000 in savings.

You can do the math… or if you need help, email

Call us today at (303) 900-2960 ext. 4 for Personal Lines or ext. 1 for Commercial Lines!