Business Insurance Cost Estimator Private • Client-side Not a quote
Inputs
Estimated Annual Premium
Breakdown
| Item | Value | Multiplier / Cost |
|---|
Model: manual premium = exposure × base rate → apply factors (limits, territory, deductible, class, protection, experience mod, schedule) → apply minimum premium, fees, taxes/assessments. This is for learning/budgeting only.
Business Insurance 101 — How Rating Works (and what this tool shows)
Commercial insurance pricing is usually exposure-based and written for a one-year term. Each line uses a different exposure: General Liability often uses gross receipts per 1,000; Property uses insured limits per 100; Workers’ Compensation uses payroll per 100; Professional/Cyber commonly uses revenue per 1,000 (with qualitative control factors). A carrier’s filed rate or “loss cost × multiplier” is adjusted by rating factors such as territory, industry class, limits (ILFs), deductibles, protection/sprinklers, coinsurance/“agreed amount”, and sometimes experience modifiers and schedule rating.
- Manual premium: exposure × base rate (illustrative in this tool).
- Factors: multipliers for hazard/territory/limits/deductible/controls/etc.
- Subject premium: manual × combined factors (and × experience mod).
- Final premium: max(minimum, subject × (1 + schedule)) + policy fees → then taxes/assessments.
This estimator is transparent on purpose: it doesn’t use proprietary bureau/carrier filings. Treat the result as directional — a starting point for budgeting and “what-if” testing — not a bindable quote.
Business Insurance — How Pricing Works (and what each input means)
This estimator shows a transparent, exposure-based approach that many markets use to price General Liability, Commercial Property, Workers’ Compensation, and Professional/Cyber insurance. Real insurers use filed rates, underwriting rules, and eligibility checks; our model is educational to help you budget and test “what-if” scenarios privately in your browser.