Degenerate Dimension Question

I'm designing a Daily Snapshot Fact table to store Premium information (Written Premium, Earned, Unearned, etc...) for homeowner's insurance policies. Each policy has a deductible amount of either $500, $1000, or $1500 that we would like to track and analyze. It seems like a dimension even though it's a numeric field, but i don't think it requires it's own dimension table. Would this be something that would be stored as a degenerate dimension in the fact table?

The deductible could also change at any time if the policyholder decided to take a higher/lower deductible.

thanks

No. A degenerate dimension would be something akin to a Policy Identifier. It is an source system identifier used commonly to access the fact, e.g. Order Identifier, Loan Identifier, etc.

so would it be part of the policy dimension as an attribute?

Yes. It is an attribute of a policy.

thank you!