It’s time to rethink windstorm insurance coverage

what is a windstorm? That might sound like a question with an obvious answer. And for the National Weather Service, it is.

But in New York, there isn’t a single answer — there are many. More than 100, in fact. And it all depends on your homeowners insurance policy. And even then, the answer might not be so clear.

This might not seem like a big deal, but it is. Which definition your policy uses could impact the amount you have to pay out of pocket if a windstorm damages your property. And really, none of the options are cheap.

A lack of a standard definition ultimately affects windstorm deductibles. If the wind speed doesn’t meet the definition of a windstorm outlined in your policy, you will likely see your standard deductible — anywhere between $500 and $2,000.

But if you have a policy where wind speeds match its definition of a windstorm, say goodbye to that standard deductible, and instead look at opening your wallet to pay a percentage of your home’s value, typically 5 percent. That means if your home is worth $500,000, forget paying $500 or even $2,000. You’ll be on the hook for $25,000.

All while your neighbors might be paying much less, for the same storm. All because they have different policies than you.

It’s a roulette wheel of coverage — the kind where the odds remain in favor of the house. You know, the insurance companies.

New York isn’t the South, which is prone to storms like hurricanes. But that doesn’t mean our homes aren’t susceptible to wind damage. Hurricane Sandy may have taken place a decade ago, but there have been other storms since then that, while smaller, could still trigger the much higher deductible, and make it nearly impossible for many homeowners to afford the repairs they most desperately need after a storm.

This is hardly a new problem, and