A percentage deductible means that if (or when) you file a claim you would have to pay 1% or 2% of the total Dwelling “A” coverage (e.g. Dwelling coverage is $325,000.00 with a 1% deductible. The insured’s deductible would be $3,250.00). In contract, if the insured had an actual dollar amount for their deductible, they would just pay the dollar amount (e.g. Dwelling coverage is $325,000.00 with a deductible amount of $2500. The insured’s deductible would be $2,500.00).