Deductible vs. Premium Calculator
See how raising or lowering your collision and comprehensive deductible changes your premium and your expected yearly cost.
Deductible vs. Premium
| Deductible | Premium / year | Saves vs $500 | Expected yearly cost* |
|---|
*Premium plus the deductible you would expect to pay on average, given the claim chance you picked. The lowest total is highlighted.
How to use this
A higher deductible lowers your premium, but you pay more out of pocket when you file a collision or comprehensive claim. The "expected yearly cost" adds the premium to the average deductible you'd pay given how often you expect to claim — the lowest total is usually the best value, as long as you could afford that deductible tomorrow. Choosing a deductible.
Frequently asked questions
What deductible should I choose?
Pick the highest deductible you could comfortably pay tomorrow. A higher deductible lowers the premium, but you pay more when you claim.
Does the deductible apply to liability?
No. Deductibles apply to coverage for your own car — collision and comprehensive — not to liability claims you cause to others.
Other calculators: Car Insurance Premium Estimator · Coverage Requirement Checker · Home Insurance Estimator ·