Commissioner Stewart Announces Insurers Cannot Impose Hurricane Deductibles In Delaware
November 2, 2012-Dover, DE –Delaware Insurance Commissioner, Karen Weldin Stewart, has issued a bulletin and announced today that Delaware homeowners will not face higher-cost hurricane deductibles resulting from the impact of this week’s damaging storm.
Commissioner Stewart notified the industry today that based on data from the National Weather Service; Storm Sandy did not have sustained hurricane-force winds when it made land in Delaware therefore companies may not impose a hurricane deductible on Delaware claims.
Commissioner Stewart stated that “Our number one priority at The Department of insurance is protecting Delawareans. We will continue to closely monitoring the industry to guarantee that carriers are complying with all state insurance laws, and we have extended our office hours to assist policyholders with questions and complaints.”
The Delaware Department of Insurance has added additional information related to Storm Sandy on the Department of Insurance webpage which offers a number of important resources. Consumers with additional questions can contact the Insurance Department by phone at 1-800-282-8611 (toll-free in Delaware).