Insurance Deductible Calculator
Turn a percentage deductible into a real dollar figure, or compare two deductible options to see how long it takes the premium savings to pay off the higher out-of-pocket.
Many policies use a percentage deductible for wind, hail, or hurricane claims, so a 2 percent deductible on a large dwelling limit can be thousands of dollars at claim time. Raising your deductible lowers your premium, but you take on more risk. Use the percentage mode to see the real dollar amount, and the compare mode to find the break-even point using your own premium quotes.
The percentage mode is exact math on your numbers. The compare mode uses the premiums you enter, so its accuracy depends on getting real quotes for each deductible.
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