aop deductible definition
The standard AOP deductible is a fixed amount, which is usually $1,000. The hurricane deductible is a percentage, usually 2%, of the dwelling coverage on a single family home and 2% of the personal property coverage (or $500, whichever is more) on a condominium unit policy.ereâs an example of how the hurricane deductible works: The dwelling coverage on your home is $300,000. A hurricane causes $20,000 in damage. 2% of $300,000 is $6,000, which is your responsibility. The insurance company will then pay the remaining $14,000.