Some homeowner's insurance policies contain a hurricane deductible, which is a percentage of the home's value. In other words, you might have to pay a deductible of 1 to 5 percent of the home's value before insurance kicks in during a hurricane.

But the Maryland Insurance Administration says that for Sandy no hurricane deductibles will apply. That's because the National Weather Service didn't issue hurricane warnings for any counties here.

That's some solace for residents who suffered property damage from the storm.