Nissan 370Z Forum - View Single Post

moto_italia · 09-23-2011, 01:29 PM

It's just math and probability.

If you save $1021 by switching from a $500 to a $2000 deductible, your deductible will increase by $1500 if you have a claim. Thus, if you can go more than 1.469 years ($1500/$1021) without a claim, you're saving money by using a higher deductible.

There's the math. You have to determine the probability of going more than 1.469 years without a claim.

09-23-2011, 01:29 PM	#4 (permalink)
moto_italia Base Member Join Date: Jun 2011 Location: Tennessee Posts: 131 Drives: 40th Anniversary Rep Power: 14	It's just math and probability. If you save $1021 by switching from a $500 to a $2000 deductible, your deductible will increase by $1500 if you have a claim. Thus, if you can go more than 1.469 years ($1500/$1021) without a claim, you're saving money by using a higher deductible. There's the math. You have to determine the probability of going more than 1.469 years without a claim. __________________ Kevin Borla CBE + Z1 Post-MAF Tubes + AFE Dropins + Llumar CTX35