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  • Denton Record-Chronicle

    Many insurance companies are raising their homeowners’ deductibles from 1% to 2%

    By Dave Lieber The Dallas Morning News,

    2024-08-16
    https://img.particlenews.com/image.php?url=1Aq793_0v0TGQOI00
    Homes and other buildings in downtown San Antonio. Eddie Gaspar/The Texas Tribune

    Watchdog reader Paul Barth of Dallas calls it “Homeowners Policy Shock.” No, it’s not the name of a rock band. It’s the surprise homeowners feel when they learn about the newest way insurance companies are reaching into their pockets.

    It was only a few years ago when the standard deductible on a homeowners’ policy was 1% of a home’s replacement value.

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