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Exam term

Windstorm deductible disclosure

Under New York Insurance Law § 3445, regulations require an insurer's plain-language notice explaining the amount and circumstances of a windstorm deductible. The law does not set one universal percentage or trigger.

Lessons that use this term

  • Property insurance: homeowners and tenant policies, coverage, and the agent's role New York

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

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