Cambridge, southwestern Nebraska | I never can make 85% levels work for me and seldom do I take 80% unless I'm pretty sure I'm going to have a loss. The 75% level is the best rate of return. When you go from the 75 level to 80, your spending $10.18 more in premium to receive $25.42 in coverage. Going from the 80 level to 85 your spending $15.91 to receive $25.43 in additional coverage. Not a very good rate of return in my opinion.
The only way I can make those higher levels be cost affective is to have enterprise units to cheapen the premium but you need more than one field in that case. |