Interactive scenario

What could a covered claim pay?

Explore simple arithmetic for a hypothetical property loss using a fixed deductible and payout cap. Adjust the numbers and see how they affect your share.

Enter your scenario

The starting numbers are made up to demonstrate the calculation. Enter only non-sensitive amounts.

Total property loss (USD)The total cost of damage, including parts that may not qualify.Eligible covered loss (USD)Your hypothetical covered amount before the deductible. Capped at the total loss.Remaining deductible (USD)Fixed amount assumed to be applied to this loss.Available payout limit (USD)The assumed remaining maximum payable by the policy for this loss.

Illustrative claim outcome

Your payout breakdown

Hypothetical insurer contribution

$7,500.00

Insurer: $7,500.00Unpaid portion: $2,500.00

Eligible amount$8,500.00

Deductible applied$1,000.00

Eligible after deductible$7,500.00

Available payout limit$15,000.00

Hypothetical unpaid share$2,500.00

Calculation explained

We subtract the deductible from the eligible covered loss (without going below zero), then cap the result at the available payout limit. The rest of the total damage is displayed as unpaid. This assumes the policy uses this order of operations.

Important limitations

Real claims may involve depreciation, co-insurance, percentage deductibles, separate sublimits, valuation rules, policy exclusions, multiple losses or other adjustments. This worksheet does not evaluate coverage, eligibility or any real claim.

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