New Yorkers Shouldn’t Pay Hurricane Deductibles on Insurance Claims, Says Cuomo

Gov. Andrew Cuomo inserted himself into a potential tug-of-war between insurance companies and policy holders yesterday, declaring that insurers should not trigger hurricane deductibles for damages incurred during the storm that rocked New York this week.

If invoked, hurricane deductibles would prove costly for New York’s homeowners, with the deductibles typically ranging from 1 to Read More