Can you get home insurance with no deductible?
Short answer. Homeowners insurance with no deductible is rare and, where it exists, expensive, because the insurer would pay every small claim in full. Most policies have a deductible of at least a few hundred dollars, and wind and hail deductibles are often much higher. A roofer promising a no deductible roof is describing something illegal in Georgia, not a type of insurance.
Why zero deductibles are hard to find
Deductibles keep small claims off the insurer's books and give policyholders a reason to maintain their homes. Without one, premiums would rise sharply. Most insurers offer a range of deductibles, and the lowest options cost noticeably more.
Features that come close
- Low flat deductibles: a lower all other perils deductible for an added premium.
- Shrinking deductibles: some insurers offer a feature that reduces the deductible for each claim-free year.
- Lower wind and hail deductible: switching from a percentage to a flat amount, where the insurer allows it.
- Coverages with no deductible: liability and medical payments to others normally have none.
The no deductible roof pitch
After hailstorms, some contractors advertise free roofs or say they will take care of the deductible. That usually means one of these:
- Waiving the deductible, which misrepresents the cost to the insurer
- Inflating the estimate so the deductible is buried in the claim
- Paying it back as an advertising fee or referral bonus
Georgia law prohibits contractors from waiving or rebating deductibles. A homeowner who goes along can face a denied claim or worse. See can a roofer pay your deductible and storm chaser scams.
If the deductible is the problem
Look at financing for your share, and at renewal, price out a lower wind and hail deductible. See percentage deductibles.