Homeowners Insurance Deductible Calculator
Last updated: October 15, 2026
Compare lower- and higher-deductible homeowners insurance options using premium savings and an assumed claim amount.
Starting figures illustrate this model. Enter your own measurements, quoted costs and applicable terms; this page does not retrieve live prices or provider rates.
Estimated total cost with lower deductible
—
- Total cost with higher deductible: —
- Premium savings over comparison period: —
- Extra claim cost with higher deductible: —
- Net advantage of lower deductible: —
On this page
Quick summary: Compare lower- and higher-deductible homeowners insurance options using premium savings and an assumed claim amount.
Read the complete guide
Updated reference sections in this guide are in English.
What this calculator estimates
Compare lower- and higher-deductible homeowners insurance options using premium savings and an assumed claim amount.
How to use it
Enter Assumed covered claim amount ($); Lower deductible ($); Annual premium with lower deductible ($); Higher deductible ($); Annual premium with higher deductible ($); Comparison period (years). Select Calculate to update the results.
How the calculation works
Each option combines premiums over the selected period with the deductible that would apply to one assumed covered claim, capped by the claim amount.
Worked example: starting scenario
| Assumed covered claim amount ($) | 15000 |
|---|---|
| Lower deductible ($) | 1000 |
| Annual premium with lower deductible ($) | 2600 |
| Higher deductible ($) | 5000 |
| Annual premium with higher deductible ($) | 2100 |
| Comparison period (years) | 5 |
| Estimated total cost with lower deductible | $14,000.00 |
|---|---|
| Total cost with higher deductible | $15,500.00 |
| Premium savings over comparison period | $2,500.00 |
| Extra claim cost with higher deductible | $4,000.00 |
| Net advantage of lower deductible | Lower deductible saves $1,500.00 |
Important limitations
Coverage, claim frequency, percentage deductibles, exclusions, limits and insurer pricing are not modeled. A higher deductible requires sufficient emergency cash.