Coverage Comparison Calculator — Compare Insurance & Protection Plans

Coverage Comparison Calculator

Compare different insurance coverage costs and benefits. Calculate premiums, deductibles, and coverage amounts across various insurance types.

Step 1: Coverage Details

$250,000
$1,500

Understanding Coverage Ratios

The coverage-to-premium ratio helps compare insurance value. Higher ratios indicate better value for money. Consider deductibles and exclusions when comparing.

Step 2: Personal Details

About Coverage Comparison

When comparing insurance, consider not just the premium but also coverage limits, deductibles, exclusions, and the insurer’s reputation. Higher deductibles often mean lower premiums.

Coverage Comparison Results

Summary
Coverage Comparison
Cost-Benefit

Coverage-to-Premium Ratio

166.7
Based on $250,000 coverage and $1,500 annual premium
Annual Premium
$1,500
Coverage Amount
$250,000
Monthly Cost
$125
Cost per $1000 Coverage
$6.00

Coverage Type Comparison

Coverage Type Typical Premium Coverage Amount Coverage Ratio

Annual Cost vs Coverage

Coverage Ratio Formula

Coverage Ratio = Coverage Amount ÷ Annual Premium

To calculate coverage ratio: Divide your coverage amount by your annual premium. Higher ratios indicate better value. Multiply by 1000 to get cost per $1000 of coverage.

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