Deductible Optimizer

Calculate if raising your deductible to save on premiums is worth the risk.

Calculator Inputs

Adjust the sliders to match your policy options.

Difference between lower and higher deductible (e.g., $1000 - $500 = $500)

$500

How much you save per year by choosing the higher deductible.

$200 / yr
The Concept:

You are betting that you won't have an accident. This tool shows how long that bet needs to last to pay off.

Break-Even Period

2.5 Years

Claim-Free Driving Needed

If you go more than 2.5 years without a claim, you SAVE money.

Summary

  • You save $200 every year.
  • At risk of paying $500 more in a claim.
  • It takes 2.5 years of savings to cover that one-time risk cost.