The bill may also influence how some policyholders and their advisers think about coverage gaps and deductibles. If uninsured losses can be offset, in part, through tax deductions in a declared disaster, that may affect how certain buyers view the trade‑off between higher deductibles and premium savings. For most insureds, however, the deduction will only cover a portion of the gap, keeping traditional and parametric insurance central to their resilience strategies.
