Bill Layne Insurance

Deductible Analyzer Find Your Perfect Balance

Compare deductibles, calculate savings, and find the sweet spot between premium savings and out-of-pocket risk

$250-$5000
Deductible Range
20-40%
Premium Savings
3-5 Years
Break-Even Period

How Deductibles Work

Your deductible is what you pay out-of-pocket before insurance kicks in. Higher deductibles mean lower premiums but more financial risk. Use this tool to find the right balance for your situation.

Deductible Facts

Most Common: $1,000
Average Savings: $200-400/year
Avg Claims/Year: 1 in 20 homes

Risk Factors

  • Low Risk: Emergency fund > $5000
  • Medium Risk: $2500-5000 savings
  • High Risk: < $2500 emergency fund

Types of Deductibles

  • • All Perils: Standard deductible
  • • Wind/Hail: Often separate & higher
  • • Hurricane: % of dwelling coverage
  • • Earthquake: Typically 10-20%
Get Expert Advice
Your Information
Claims History

Ready to Optimize Your Deductible?

Let our experts help you find the perfect balance between savings and protection

Call (336) 835-1993 or Get Free Quote Online

1283 N Bridge St, Elkin, NC 28621

Save@BillLayneInsurance.com

Call Compare Rates