Calculator

The bill-vs-premium calculator: what one bill leaves behind

By the Peril Desk editors. .
Built by
The Peril Desk editorial desk
What it does
Arithmetic only: deductible, sublimit, depreciation, gap. It renders on screen and stores nothing.

EXHIBIT: YOUR PREMIUM AGAINST THE BILL

We subtract your deductible from the bill. We cap what is left at the sublimit. We hold back recoverable depreciation until repairs prove out. What remains is the first check. That is the whole method.

It’s okay to approximate. Round numbers work.

Use the number a contractor would put on paper for the repair, today.

Deductibles decide who pays first. That is why we ask.

A sublimit is a per-category cap printed inside the policy form. Water backup, mold, and code upgrades each carry their own.

Where the claim payment goes

The bill$22,000

Deductible−$2,500

After deductible$19,500

Capped at the sublimit$5,000

Depreciation held back−$1,000

First check$4,000

The gap$17,000

FINDING: on this bill the policy pays $5,000 at most. The gap is $17,000. The annual premium is 4 percent of the bill.

This is arithmetic, not advice and not a quote. Your declarations page holds the real numbers.

Assumptions: 20 percent recoverable depreciation, held back until repairs prove out. As of July 2026.

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