Insurance Cost Comparison Calculator
Compare two insurance policies by combining the premium, excess and the likelihood of making a claim to find the real expected yearly cost.
Compare Your Options And Get Clear Answers
Compare two insurance policies by combining the premium, excess and the likelihood of making a claim to find the real expected yearly cost.
Insurance Cost Comparison Estimator
Enter your numbers below for an instant estimate.
How It Works
Key concepts behind this calculator
Premium
The yearly price of each policy.
Expected Excess
Chance of claim multiplied by the excess you would pay.
Compare
Premium plus expected excess gives expected annual cost.
Use As A Guide
Results are estimates based on your inputs. Check real quotes, rates and professional advice before deciding.
Insurance Terms
Key terms when comparing policies.
| Term | Meaning | Effect on Price | Tip |
|---|---|---|---|
| Premium | What you pay | Direct | Compare quotes |
| Excess / deductible | What you pay per claim | Higher = cheaper premium | Keep affordable |
| Limit | Maximum payout | Higher = dearer | Match your needs |
| Exclusions | Not covered | Fewer = dearer | Read carefully |
| Rule of Thumb | Compare like for like | Read the exclusions | Check claims service |
Insurance Cost Comparison Calculator FAQ
Answers to common questions about this calculator.
No. Check the excess, cover limit, exclusions and claims reputation as well as the premium.
The first part of any claim you pay yourself before the insurer pays the rest.
Use your own history, or industry averages for your type of cover.
No. It is a general comparison. Read your policy documents.