Tools / Deductible explorer
Deductible Explorer
Higher deductibles lower your premium — but at what point does that tradeoff stop being worth it? Drag the sliders to see your annual savings and break-even point.
New estimated premium
$1,452/yr
Annual savings
$348
Extra risk per claim
$2,000
Break-even
5.7 years
Plain-English read: You break even in 5.7 years. Worth it if you have the cash to cover the higher deductible.
When raising your deductible makes sense
- You have an emergency fund that covers the new deductible at least twice over.
- You haven't filed a claim in 5+ years.
- Your break-even is under 5 years.
- You're trying to stay under the threshold where claims hurt your record.
When NOT to raise it
- You'd struggle to come up with the new deductible amount on short notice.
- Your home is in a wind/hail/hurricane zone with percentage deductibles.
- You've filed multiple claims recently — the small premium drop isn't worth the bigger out-of-pocket exposure.