Final answer:
The deductible for Windstorm on Commercial Property policies on Florida's lower East coast varies by insurer and policy but is often a percentage of the insured value or a fixed amount, reflecting the high risk of windstorms in the area.
Step-by-step explanation:
The deductible for Windstorm on Commercial Property policies on Florida's lower East coast is usually specific to the insurer and the policy, but it's often set as a percentage of the insured value or a fixed amount. Because of the high risk of windstorms in this area, such as hurricanes, insurance companies may require higher deductibles to mitigate potential losses. The exact deductible amount can vary widely depending on different factors such as the property's location, its value, the insurer, and the coverage options chosen by the policyholder. For instance, in high-risk zones, insurers may set the deductible as a percentage ranging from 1% to 5% of the insured value, or even higher for some properties.