So THAT's where my money's been disappearing!
A-B-so-freakin'-lutely. Down here in VA Allstate decided to charge us 5% of the total value of our home as a deductible. If a tree fell on the house, I'm on the hook to repair the room, roof, etc. I don't happen to be in a flood zone, so I talked to State Farm and they said a simple $1000 deductible is all for house damage in a named storm, etc.
Needless to say, I left Allstate post-haste, and am now with State Farm.