Deductible vs Premium Tradeoff

Analyze the tradeoff between higher deductibles and lower premiums.

Enter the low deductible plan deductible value for this calculation.
$
Time measurement in months.
$
Enter the high deductible plan deductible value for this calculation.
$
Time measurement in months.
$
Enter the probability of claim (%) value for this calculation.
%

Results

Annual Premium Savings (High Ded):
Calculated annual premium savings (high ded) based on your inputs.
-$
Additional Risk Exposure:
Calculated additional risk exposure based on your inputs.
-$
Expected Annual Savings:
Calculated expected annual savings based on your inputs.
-$
Break-Even Claim Amount:
Calculated break-even claim amount based on your inputs.
-$
Reference: NAIC/ISO Standards.