Many times people shop their insurance every year to find the best rate yet are still overpaying.
Find out how much you may be losing.
If you are paying more than $200,000 in liability and workers compensation, please use the following to calculate an estimate of lost corporate dollars to overpayments of premiums
How much are you paying for Liability and Workers Compensation and business auto?
Average growth rate of your company per year during the previous 5 years?
Anticipated growth rate of your company over the next 5 years?
Total claims dollars paid out during the previous 5 years for workers compensation and liability combined?
Approximate Premiums Paid over the past 5 years
Claims trended at indicated growth rate
Premiums trended at indicated growth rate
Approximate overpayment of insurance premiums over the previous 5 years
Approximate dollars lot per year due to overpayments
Total dollars lost over the next 5 years should your claims and company grow at the trend rate indicated