This Is B.I.G.

Deductible buy back insurance is a second insurance policy. A deductible buy back policy is in addition to your primary (overlying policy). A deductible buy back policy can reduce your deductible to as low as $2,500 when a covered loss occurs.

Parametric Insurance pays based on a predefined trigger or measured event, such as wind speed, hail size, rainfall amount, earthquake intensity, or other objective data point. Rather than waiting for a traditional damage adjustment the payment is made based on the triggering event and terms, usually within days. Parametric is not dependent on any other coverage and Parametric Insurance can even be considered a balance sheet item for protection against loss.