Lexington Insurance Wins Texas Battle of Hurricane Harvey Deductibles

In a case of competing deductibles, a federal appeals court has sided with an insurer and against the owner of two Houston office buildings, holding that a larger windstorm deductible applied to flood damage caused by Hurricane Harvey rather than a lower flood deductible.

The insurer, Lexington Insurance Co., won by arguing that even though the building suffered only flood damage, the windstorm deductible applied because a hurricane is a windstorm.