What are the Standard Excesses?
Home Owner’s Policies
| Fire | No Excess |
| Burglary | Flat $10,000 |
| Catastrophe perils | 2% of sum insured |
Other excesses are applicable, please request details
For example:
House insured for $6,000,000
Loss by Hurricane amounting to $400,000
You absorb $120,000
Excess is 2% of S.I. or $120,000
NEM pays $280,000
