Cost-Benefit Analysis

The cost of running an agency varies significantly. Use the spreadsheet below and enter the four items highlighted in yellow to get an estimated annual savings by using InsureRater in your agency:

  • Hourly salary rate (we used $20/hour, a $40,000 salary, and 2,000 work hours/year)
  • Time in hours to get a commercial quote with four lines of business
  • The average number of proposals your agency provides per account
  • The number of CSRs in your agency

To do your calculations, press the "click to edit" button, change data in yellow cells and hit enter.

You can also click "Save As Excel" to change your assumptions later.

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