How to choose a deductible? - Kef International

Since the difference in deductible is $350, between a higher and a lower deductible, unless you are insuring for at least $46,000, it is more economical to go with the $150 deductible at 3.00%. (Lump Sum rates: $150 deductible 3.00%, $500 deductible 2.25%.)
rate	insured amounts	deductible	premium ( how much you pay)	difference in premiums
3.00%	$ 10,000	$150	$ 300	$ 75
2.25%	$ 10,000	$500	$ 225	$ 75
3.00%	$ 20,000	$150	$ 600	$ 150
2.25%	$ 20,000	$500	$ 450	$ 150
3.00%	$ 30,000	$150	$ 900	$ 225
2.25%	$ 30,000	$500	$ 675	$ 225
3.00%	$ 40,000	$150	$ 1,200	$ 300
2.25%	$ 40,000	$500	$ 900	$ 300
3.00%	$ 50,000	$150	$ 1,500	$ 375
2.25%	$ 50,000	$500	$ 1,125	$ 375
3.00%	$ 60,000	$150	$ 1,800	$ 450
2.25%	$ 60,000	$500	$ 1,350	$ 450
3.00%	$ 70,000	$150	$ 2,100	$ 525
2.25%	$ 70,000	$500	$ 1,575	$ 525
3.00%	$ 80,000	$150	$ 2,400	$ 600
2.25%	$ 80,000	$500	$ 1,800	$ 600