Finance Tools
Insurance Claim Break-Even Calculator
Estimate whether filing an insurance claim is worth it by comparing expected payout vs deductible and potential premium increase over time.
How to use this insurance claim break-even calculator
- Enter the repair/loss amount and your deductible.
- Enter your estimated premium increase and how many years it may last.
- Optionally include probability of non-renewal or additional costs (simplified).
- Calculate break-even and see if the claim likely makes sense.
Example
If loss is $2,500, deductible is $500, premium increases by $200/year for 3 years:
- Estimated payout = $2,500 − $500 = $2,000
- Total premium increase cost = $200 × 3 = $600
- Net benefit ≈ $2,000 − $600 = $1,400 (claim likely worth it)
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