Most companies include a higher deductible for windstorm and hail on your property insurance on the coast. This deductible is usually a percentage amount of your dwelling limit.
For example: You have a $200,000 dwelling limit on your homeowners policy with a 3% wind and hail deductible, your actual deductible is $6,000.
Why not open a “Catastrophe Savings Account”? This account allows you to set money aside, state income tax-free, to pay for qualified catastrophic events. The amount you contribute can also be deducted from your state incomes tax return. Sounds great, right? Check out the SC Department of Insurance Web Page for more information!
http://doi.sc.gov/faq.aspx?qid=157