First, letâs talk about the different types of deductibles. Typical homeowners insurance policies have 2 deductibles. The first deductible is known as the policy deductible and the second is commonly referred to as the hurricane deductible, or as known in the industry as the catastrophic windstorm deductible. Letâs discuss the standard policy deductible. Normal options for policy deductibles are $500, $1000, $2500, and sometimes $5000 when we are speaking about homes valued under $1 million in reconstruction value. Every deductible offers a percentage discount off the base premium of your insurance policy.
verb (used with object) 1. to get again; recover: to regain one's health. 2. to succeed in reaching again; get back to: to regain the shore. noun. 3. (in a moisture-free fabric) the percentage of the weight that represents the amount of moisture the material is expected to absorb under normal conditions.
salvage. 1. Property that has some value in excess of its basic material content but is in such condition that it has no reasonable prospect of use for any purpose as a unit and its repair or rehabilitation for use as a unit is clearly impractical.alvage. 1. the recovery of a ship or its contents or cargo after damage or sinking. 2. the material recovered and the compensation to those who recover it. 3. the rescue and use of any found or discarded material.