California Large Risk Deductible Plan

The optional California Large Risk Deductible Plan allows eligible policyholders to pay a reduced premium; in exchange, the policyholder reimburses the insurer for the cost of individual claims below and agreed upon deductible amount and, if agreed upon, a policy aggregate limit. Only very large policies are eligible to use the plan. The resources below contain Loss Elimination Ratios (LERs) and other supplemental information to help understand patterns of loss.