A 2% wind/hail deductible on a $650,000 home is $13,000 out-of-pocket. Add depreciation on a roof over 10 years old and you’re staring at $26,500+ before your carrier pays a dollar. We close that gap.
Three converging trends are leaving homeowners with thousands — sometimes tens of thousands — of dollars in uncovered exposure after a storm.
Carriers are pushing wind/hail deductibles up to keep base premiums manageable. A 2% deductible on a $650,000 home is $13,000 out-of-pocket before any claim payment.
Ohio is one of the most hail-prone states in the country. Catastrophic wind and hail claims have increased materially across the Midwest, driving carrier tightening.
Most carriers no longer offer replacement-cost coverage on roofs over 10 years old — payouts drop to actual cash value, leaving a depreciation gap the homeowner pays.
Two distinct financial gaps emerge after a covered wind or hail claim. Most homeowners only discover them after the damage is done.
The bite that lands first.
The bite most homeowners never see coming.
Different triggers, different limits, different best-fits. Here’s the head-to-head.
| Feature | Follow-Form Buy-Back | Parametric W&H |
|---|---|---|
| How it triggers | Carrier settles a W/H claim first | NOAA / NWS confirms event at address |
| Claim filing required | Yes — follows HO claim | No — pays automatically |
| Coverage limit | Up to your HO deductible | Up to $25,000 |
| Lines of business | Personal & Commercial | Personal (residential) only |
| States available | All 50 states | AR, CO, GA, IN, IA, KY, KS, MO, OH, OK, TN, TX |
| Written in name of | Individual or LLC/Corp | Individual only |
| CLUE reported | No | No |
| Rate impact on HO policy | None | None |
| Waiting period | 5 days from purchase | 5 days from purchase |
| Best use case | Closing deductible gap | Closing ACV/RC roof gap |
Three paths, depending on your home, your roof, and your priorities. Many clients stack both for maximum protection.
You want to cut your $6,500 deductible down to $2,500 and don’t need additional roof-gap coverage. Works regardless of roof age.
Follow-Form handles the deductible when you file a claim. Parametric pays automatically for the roof depreciation gap. Belt-and-suspenders for maximum protection.
Parametric coverage up to $25,000. Designed to wipe out the ACV/RC depreciation gap on older roofs — pays automatically, no claim filing.
Pick your path, give us what we need, and you’re covered. We make this fast.
Parametric is self-serve in 12 states. Follow-Form covers all 50 and we quote it for you within 24 hours.
For Follow-Form: address, current carrier, policy number, deductible amount, what you want it bought down to. That’s most of it.
Parametric: bind online in minutes. Follow-Form: review your quote, sign, pay. Coverage starts after the standard 5-day waiting period.
Boats, jewelry, vacant homes, fertility coverage, golf simulators, parametric power outage, and dozens more. If your standard policy doesn’t handle it, there’s a good chance we do.