Named Storm DeductibleHigher deductible that applies during named hurricanes and tropical stormsNamed Storm Deductible\n\nA percentage-based deductible for hurricane damage.\n\n### Example\n- Yacht Value: $500,000\n- Deductible: 5%\n- Your Cost: $25,000Related TermsNavigation LimitsGeographic boundaries where your policy provides coverageLay-Up WarrantyRequirement to haul out or secure vessel during specific periods