Deductibles
Why Use Deductibles?
- Provides Greater Protection for your Premium Dollar on Catastrophic Losses if Insurance value is bought up.
- Provides lower rates because the cost of adjusting small losses is avoided.
Deductible |
Deductible Rate in |
|||
| Code | Type | Alberta | Manitoba | Saskatchewan |
| F/C | Full Coverage | 1.00 | 1.00 | 1.00 |
| 10D | D | 0.80 | 0.80 | 0.80 |
| 20D | D | 0.65 | 0.55 | 0.65 |
| 25S | S | 0.50 | 0.50 | 0.50 |
| 10IP | I | 0.70 | 0.70 | 0.70 |
Deductible Payment Table
The following table shows how many dollars per acre you will be paid under our different policy forms if you purchase coverage of $100 per acre.
| Loss | Full Cover | 10D | 10IP | 20D | 25S |
| 5% | $0 | $0 | $0 | $0 | $0 |
| 10% | $10 | $0 | $0 | $0 | $0 |
| 15% | $15 | $5 | $5 | $0 | $0 |
| 20% | $20 | $10 | $10 | $0 | $0 |
| 25% | $25 | $15 | $15 | $5 | $0 |
| 30% | $30 | $20 | $20 | $10 | $5 |
| 35% | $35 | $30 | $25 | $15 | $10 |
| 40% | $40 | $40 | $30 | $20 | $15 |
| 45% | $45 | $45 | $35 | $30 | $20 |
| 50% | $50 | $50 | $40 | $40 | $25 |
| 55% | $55 | $55 | $45 | $50 | $30 |
| 60% | $60 | $60 | $50 | $60 | $35 |
| 65% | $65 | $65 | $55 | $65 | $40 |
| 70% | $70 | $70 | $60 | $70 | $45 |
| 75% | $75 | $75 | $70 | $75 | $50 |
| 80% | $80 | $80 | $80 | $80 | $55 |
| 85% | $85 | $85 | $90 | $85 | $60 |
| 90% | $100 | $100 | $100 | $100 | $75 |
