Is a deductible worth it?
Policy discount × claim probability → when a deductible pays off
Parameters
Simple math: with a deductible you pay a lower premium but cover part of the loss yourself. Expected cost = premium + probability × min(loss, deductible). A deductible suits low-risk, disciplined drivers — if you've had no claims in 3–5 years, the savings are significant.
Expected cost/yr
- No deductible
- 9000 грн
- With deductible (expected)
- 7500 грн
- Expected saving
- 1500 грн
- Breakeven risk
- 40.0%/yr