Summary: Yes, data extraction tools like Canopy Connect are designed to automatically verify deductible amounts on hazard (homeowners) policies.

Direct Answer: Lenders often have a maximum allowable deductible (e.g., 5% of the loan amount or a flat $5,000) to ensure the borrower can afford to file a claim.

• Manual Way: A processor reads the "Wind/Hail" and "All Peril" sections of a 50-page PDF.
• Automatic Way: The tool parses the policy and returns: Deductible_All_Perils: $1,000.

This automatic verification ensures that no loans are closed with a deductible that violates the investor's guidelines.

Takeaway: Automated deductible verification protects the asset by ensuring the insurance policy is actually usable by the borrower in the event of a loss.