Wind & Hail – Damage from any "wind event" or hail event will trigger this deductible.
Named Storm – Damage from a storm which has been given a "name" by the National Weather Service or US Hurricane Center will trigger this deductible. Ex- Tropical Storm or Hurricane "Andrew"
Hurricane – Damage from a "Hurricane" as categorized by the National Weather Service or US Hurricane Center will trigger this deductible.
With offices on Hilton Head Island, Charleston and Myrtle Beach, PC&L Agency stays ahead of the curve when it comes to wind coverage. We are writing coverage in areas like Hilton Head Island, Myrtle Beach, Mount Pleasant, James Island, Johns Island, Kiawah Island and Sullivan's Island. These are areas where many traditional carriers such as State Farm, Nationwide, & Allstate are now excluding wind coverage, raising rates or non-renewing policies all together. PC&L Agency has agreements with multiple carriers that wish to expand their footprint along the SC Coast - even in the SC Wind and Hail Association zones. Great premiums lower deductibles, better coverage and pay options are yours to be had.
The South Carolina Wind and Hail association pool was designed as a compromise between the State of South Carolina and many insurance carriers such as State Farm, Nationwide and Allstate who do not wish to write wind and hail insurance along the coast anymore. These companies threatened to leave the South Carolina market all together if they were not allowed to exclude wind coverage in certain areas. These companies writings had become too saturated along the coast, and a natural disaster in this area would prove catastrophic for their company. The State developed a Wind and Hail map which separates the coast of South Carolina into zones. Zone 1 is more or less ocean front, Zone 2 is slightly more inland, but does extend inland. Areas most affected by this mapping are Hilton Head Island, Kiawah Island, Sullivan's Island, James Island, Johns Island, as well as parts of Myrtle Beach and Mount Pleasant.
Wind and Hail insurance actually has three separate deductibles when in the South Carolina Wind and Hail Association Pool. If the SC Wind and Hail Association policy has a 3% deductible, the insured will pay a 3% deductible on the dwelling, another 3% deductible on the contents, and a time or elimination period deductible on the loss of the coverage.
The percentage deductibles for wind and hail insurance mean that a determined percentage of the insured value sets the deductible amount paid by the insured in the event of a covered loss. For example, if a house insured for $300,000 has a wind and hail deductible of 3%, the homeowner's out of pocket deductible would be $9,000 for a loss suffered due to a wind and hail event.
Wind and hail insurance purchased through the SC Wind and Hail Association pool does not offer replacement cost on contents. The coverage would be provided on an actual cash value basis, which is neither as desirable nor beneficial for the insured. In the event of a rental dwelling that is not owner occupied; the dwelling is not insured for replacement cost if wind and hail insurance is purchased through the South Carolina Wind and Hail Association pool.
PC&L Agency prefers to write the wind and hail insurance with an insurance carrier that combines the basic homeowners insurance with wind and hail insurance. This allows much lower pricing and much better coverage than can be offered by the SC Wind and Hail Association. In many cases our companies write coverage with a flat wind and hail deductible or simply a lower percentage deductible than the SC Wind and Hail association can offer. The wind deductibles offered by our carriers are also a true "single deductible" instead of the three-part deductible used by the South Carolina wind and hail association.