Homeowners Insurance Deductibles Rising, Affecting Cincinnati Residents
3 Video Views·Sep 16, 2026
Many homeowners in the Cincinnati area are discovering their insurance deductibles have increased significantly, leaving them responsible for thousands out of pocket. Learn what you can do to prepare.
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Video Summary
AI GeneratedMany homeowners are discovering that their insurance policies do not cover as much as they expected after disasters. Rising repair costs and shifted deductible structures—such as percentages of home value rather than flat fees—are leaving many people with significant out-of-pocket expenses. Experts advise regularly reviewing policies to avoid financial shock during recovery.
When disaster strikes you expect that your homeowners insurance will pay the cost of repairing all the damage
But many homeowners are now finding that they're responsible out of pocket for much more than they expected
And that's why it's so important to know what your policy really covers
The aftermath of brutal summer storms leaves homeowners in shock
Devastation, but there's nothing shocking about Tim Ray's first phone call an insurance company, of course
But a storm victims file claims and reach out to their insurance providers. Many are getting an expensive surprise nowadays
Even when damage is covered their deductibles are higher than they thought
Typically, you know you you'd have a $500 deductible or a thousand dollar deductible after a tree damaged Carl Roberts roof
He learned he'd have to cover the first
$4,000 and my my spouse and I were a little shocked when we found that out
Roberts says he didn't realize his policy had changed. What did they tell you?
Your deductible was going to be 1% of the value of our house
Let's say for a medium half median house price of let's say 400,000
And that would mean that you'd have a $4,000 deductible extreme weather is driving insurance costs up
But George Hoss field with Lexus Nexus risk solutions says that's only part of the story. I think the inflation
And the underlying repair cost to repair a home that's hitting consumers now
Some homeowners choose higher deductibles to lower their monthly premiums
But that can leave them paying
Thousands before insurance kicks in Hossfield says it's important to review your coverage regularly if you've done some major
Renovations or additions to your home or you name it and know exactly what your deductible is in the end
Roberts found a contractor to fix his roof and gutter for under $2,000, but he had to pay for it himself
That's a huge impact. So check your policy before the next storm. So you don't waste your money. John Mattery scripts news group