Here's my question!
If an insurance company was offering to reduce your premium by $400,000 per year if you were to pay the first $10,000 of any claim would you accept this offer.
So far from the data I have (which I won't provide) I have that
$3,316,463.18 is the total of all claims under $10,000 and there are 134 claims that are $10,000
or over. I don't even know if this helps? I just need a bit of a method to get going?