Deductible Factors


Single Family and 2-4 Family Buildings and Contents Policies1,2

Deductible Options     Post-FIRM      Pre-FIRM
Building/Contents      $500 Ded.      $1,000 Ded.

$  500/  $500             1.000           1.100
$1,000/  $500              .975           1.050
$1,000/$1,000              .960           1.000
$2,000/  $500              .930           1.000
$2,000/$1,000              .915            .950
$2,000/$2,000              .890            .925
$3,000/  $500              .890            .950
$3,000/$1,000              .875            .900
$3,000/$2,000              .850            .875
$3,000/$3,000              .825            .850
$4,000/  $500              .850            .900
$4,000/$1,000              .835            .850
$4,000/$2,000              .810            .825
$4,000/$3,000              .785            .800
$4,000/$4,000              .765            .775
$5,000/  $500              .810            .875
$5,000/$1,000              .800            .825
$5,000/$2,000              .785            .800
$5,000/$3,000              .770            .780
$5,000/$4,000              .755            .765
$5,000/$5,000              .740            .750
Note:
1 Deductible factors for the RCBAP are located on page CONDO 22.
2 The ICC premium is not eligible for the deductible discount. First calculate the deductible discount, then add in the ICC premium, for each policy year.
3 Also applies to residential unit contents in Other Residential building or in multi-unit condominium building.

Single Family and 2-4 Family Building Only or Contents Only Policies1,2

                       Post-FIRM      Pre-FIRM
Building               $500 Ded.      $1,000 Ded.

$  500                    1.000           1.100
$1,000                     .960           1.000
$2,000                     .900            .935
$3,000                     .850            .885
$4,000                     .800            .835
$5,000                     .750            .785

                       Post-FIRM      Pre-FIRM
Contents3              $500 Ded.      $1,000 Ded.

$  500                    1.000           1.150
$1,000                     .950           1.000
$2,000                     .850            .900
$3,000                     .775            .825
$4,000                     .700            .750
$5,000                     .650            .675
Note:
1 Deductible factors for the RCBAP are located on page CONDO 22.
2 The ICC premium is not eligible for the deductible discount. First calculate the deductible discount, then add in the ICC premium, for each policy year.
3 Also applies to residential unit contents in Other Residential building or in multi-unit condominium building.

Other Residential and Non-Residential Policies1,2, 4

                Discount From                            Building Only               Contents Only

                Post-FIRM    Pre-FIRM                Post-FIRM    Pre-FIRM      Post-FIRM    Pre-FIRM
Bldg/Contents   $500 Ded.    $1,000 Ded.   Amount    $500 Ded.    $1,000 Ded.   $500 Ded.    $1,000 Ded.     
  $500/  $500    1.000        1.050         $500      1.000        1.050         1.000        1.050
$1,000/$1,000     .980        1.000       $1,000       .975        1.000          .980        1.000
$2,000/$2,000     .940         .960       $2,000       .940         .960          .950         .965
$3,000/$3,000     .910         .930       $3,000       .910         .925          .925         .940
$4,000/$4,000     .885         .910       $4,000       .880         .900          .900         .915
$5,000/$5,000     .870         .890       $5,000       .850         .875          .875         .890
$10,000/$10,0004  .800         .800      $10,000       .750         .760          .775         .800
$15,000/$15,0004  .750         .750      $15,000       .675         .685          .700         .725
$20,000/$20,0004  .700         .700      $20,000       .600         .610          .650         .660
$25,000/$25,0004  .650         .650      $25,000       .550         .560          .600         .610
$50,000/$50,0004  .525         .525      $50,000       .450         .460          .525         .535

Note:
1 Deductible factors for the RCBAP are located on page CONDO 22.
2 The ICC premium is not eligible for the deductible discount. First calculate the deductible discount, then add in the ICC premium, for each policy year.
3 Also applies to residential unit contents in Other Residential building or in multi-unit condominium building.
4 Deductibles of $10,000 to $50,000 are available only for Non-Residential Policies.

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Source: NFIP
Rates Effective: 05/01/08
Web Page Updated: 05/21/08