Here's how the amounts in the weekly sharing process are calculated:
Actual Amount of Loss
This is the total cost for all events this week, including repairs, total losses and roadside assistance.
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LESS
From Applicants
Out-of-Pocket
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Remaining Pledge Balance
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This is the part that applicants pay first.
Total Authorized Sharing Amount
This is the amount approved for community sharing under the program rules.
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LESS
GDC Donation
This is a one-time $2M donation from GDC. It’s used when a weekly sharing would exceed the per-member cap.
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Current balance:
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ADJUST
Settlement Buffer
This account helps bridge collection gaps to ensure a smooth sharing experience and is owned by all members. This amount may be positive or negative: a positive amount slightly increases member contributions, while a negative amount reduces them.
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Member Contributions
This is the actual amount shared among effective plans.
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