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Steadymaker9719
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RE: How much deductible savings justify the extra risk?
The one-claim break-even can understate the cost if there are several covered claims in the same period. For each claim that exceeds the higher deductible, the higher option adds the deductible difference out of pocket, ...
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RE: How much deductible savings justify the extra risk?
For collision and comprehensive, I’d compare them separately: divide the increase in deductible by the annual premium savings for that coverage. That gives you the number of years of savings needed to equal the extra out...