Questions & answers · Home insurance
My home policy deductible is a percentage. How much will I really pay, and does it apply to each claim?
Home insuranceOtherTexasChecked Nov 6, 2026
From K.Actuary, founded by Sangmin Kwon, ASA · sources checked 2026-11-06 · Source: TDI View original ↗
In short
- A deductible can be dollars or a percent of the home's insured amount.
- A percent deductible must be turned into dollars to see what you pay.
- On home and auto policies the deductible applies to each claim.
What this means
TDI says a deductible may be a dollar amount or a percentage. If it is a percentage, make sure you know how that turns into dollars [1].
TDI gives two examples for homes insured for $150,000. Policy A has a $500 deductible. After a hail storm, roof repairs cost $6,500, so Policy A pays $6,000. Policy B has a 5 percent deductible, or $7,500. For the same $6,500 repair, Policy B pays nothing, because the repair costs less than the deductible [1].
TDI also says that for home and auto policies the deductible applies to each claim. A wreck in February and a break-in in June each have the same deductible taken off before payment [1].
Your next step
Find the deductible on your declarations page and turn any percent into dollars before you decide to file. The TDI page gives no filing deadline.
Check it yourself
Open the TDI page and read "Know the math" and "Know when it applies".
Where this comes from (1)
[1] TDI · checked 2026-11-06
A deductible may be a specific dollar amount or a percentage. If a policy has a deductible that’s a percentage, make sure you know how that translates to a dollar amount. Here are two examples for homes insured for $150,000: Policy A has a $500 deductible. A hail storm destroys the home’s roof, and the cost for repairs is $6,500. Policy A will pay $6,000 of the cost to repair the roof. Policy B has a 5 percent deduct…
How we found this
We matched your question to 1 official source, quoted the exact lines, and re-checked each quote against its source on 2026-11-06.
What we don’t know yet
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Information only — not legal advice. Your plan, insurer or agency decides.
This answer quotes the official sources listed above, with the date we checked them. Your own policy, notice and state rules control. We are not your lawyer or your insurer. We don’t file, argue or negotiate claims for you — you send any letter or form yourself.
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