The Deductible Calculator App allows you to calculate which combination of premium and deductible will give your client the lowest cost of risk. The Deductible Calculator App is built specifically to help insurance agents, insurance brokers, insurance companies, insurance brokerages, insurance reciprocals, insurance pools, risk managers and others in the risk and insurance industry calculate deductible and premium options for clients and help them determine the best combination that results in the optimal cost of risk.
The Deductible Calculator App takes some basic information such as claims history (actual or estimated) insurance deductible and insurance premium options then calculates which deductible option would give the optimal cost of risk. This calculation helps you choose the best premium and deductible combination.
You can calculate and print reports to:
- Determine the best terms for clients
- Illustrate the optimal deductible option in a way clients can understand
- Demonstrate deductible options, why one choice would be better than the other
- Show your clients you are helping them find the best possible rate and get them the best value vs. best price
- iPod Touch