FreeByte

Should you claim calculator

Excess plus lost no-claims discount.

Built and reviewed by Dovanic, Founder and editor, FreeByteLast reviewed: 2026-08-18
$
$
$
35%

Pay it yourself

$280

True cost of claiming

$2,180

With these inputs, pay it yourself comes to $280 over 4 years. True cost of claiming works out to $2,180.

Excess
$500
Extra premiums
$1,680

Over time · by years of higher premium

What moves the number · Pay it yourself

Input−10%Now+10%
Cost of the damage$470$280$90
Excess$230$280$330
Yearly premium$112$280$448
Premium increase after claim$112$280$448
Years of higher premium$112$280$448

Solve for an input

Whatmakesequal

Compare scenarios

Save this set of inputs, change something, then save again to compare the outcomes side by side.

Excess plus lost no-claims discount.

A worked example

Starting figures

Cost of the damage
$1,900
Excess
$500
Yearly premium
$1,200
Premium increase after claim
35%
Years of higher premium
4

What it returns

Pay it yourself
$280
True cost of claiming
$2,180
Excess
$500
Extra premiums
$1,680

How to read the results

With the defaults above, pay it yourself works out at $280.

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