Lower Your Deductible. Protect What Matters.
Will Rogers Insurance helps property owners explore deductible buy back options that can reduce out-of-pocket costs after a covered loss.
What Is Deductible Buy Back?
Deductible buy back coverage can help lower the insured’s out-of-pocket deductible after a covered loss by reimbursing the elected deductible amount.
This can be helpful when your property policy has a large wind, hail, hurricane, fire, flood, or earthquake deductible.
The Problem
Many homeowners and property owners now face deductibles of $10,000, $25,000, $50,000, or more before their primary insurance policy pays.
The Solution
Deductible buy back coverage is designed to reimburse the elected amount of your deductible after a covered loss, helping lower your net deductible responsibility.
In some cases, you may also be able to raise your deductible on your primary property policy, reduce your premium, and use deductible buy back coverage to help lower the amount you pay out of pocket if a covered loss happens.
How It Works
1. Keep Your Current Policy
You do not have to replace your existing insurance policy or change agents.
2. Add Buy Back Coverage
You add supplemental coverage that helps reimburse the elected deductible amount after a covered loss.
3. Reduce Your Exposure
If a covered loss occurs, the deductible buy back policy can reduce your net out-of-pocket deductible.
Quick Example
| Item | Amount |
|---|---|
| Covered Loss | $55,000 |
| Primary Policy Deductible | $20,000 |
| Deductible After Buy Back | $5,000 |
| Buy Back Benefit / Out-of-Pocket Savings | $15,000 |
Stop Risking a Large Deductible
Get a custom quote based on your property, deductible, risk exposure, and coverage needs.
For Insurance Agents
Are you an agent? Offer your clients deductible buy back solutions that can help lower high deductibles, improve retention, and create another reason for policyholders to stay with your agency.
Aviation Insurance
Will Rogers Insurance also helps pilots, aircraft owners, and businesses explore aviation insurance options for personal, corporate, and professionally flown aircraft.
Owner-Flown Aircraft
Coverage options for pilots and aircraft owners, including hull and liability protection.
Corporate Aircraft
Insurance options for professionally flown aircraft, business aircraft, and jet operations.
Specialty Aviation
We can help review pilot requirements, aircraft use, limits, deductibles, and underwriting options.