i want to know how insurance quotations are prepared?is there any software to prepare such quotations?what are the factors to be taken into account to prepare such quotations?
2006-07-21 19:07:36 · 9 answers · asked by sureshchennai 1 in Business & Finance ➔ Insurance
yes, there's lots of software to prepare and compare quotes from different carriers, it even writes your proposals. I haven't seen any agencies in the past 15 years that DON'T have a comparative rater for both property casualty and life/medical insurance lines.
Different factors, well, there are tons!! But are you talking about car insurance, life insurance? Too many variables here . . .
2006-07-22 05:43:56 · answer #1 · answered by Anonymous 7 · 0⤊ 0⤋
A quotations is calculated by a very long formula and depending on the violations, vehicle, coverage, and designated risk there will be different values to be plugged in. Therefore, a rating software is used to compare all at once. It would take you probably 15-20 minutes to calculate a rate manually.
2006-07-25 09:42:24 · answer #2 · answered by Carl Parker 2 · 0⤊ 0⤋
I might suggest you to visit this internet site where you can compare quotes from different companies: http://INSUREQUOTE.INFO/index.html?src=2YAvhipnDD12
RE :How to calculate insurance quotations?
i want to know how insurance quotations are prepared?is there any software to prepare such quotations?what are the factors to be taken into account to prepare such quotations?
Follow 10 answers
2016-08-26 18:06:35 · answer #3 · answered by ? 6 · 0⤊ 0⤋
really depends on what kind of insurance. There is software for most companies, and some have rate books tied to the specific insurance. Let me know what I can do to help.
2006-07-22 11:20:08 · answer #4 · answered by tigertiggerii 3 · 0⤊ 0⤋
These days most personal insurance is computer generated. Commercial lines use computers, but Underwriters apply judgement factors.
2006-07-21 19:59:13 · answer #5 · answered by Woody 6 · 0⤊ 0⤋
Many factirs including risk, credit, accidents, tickets and much more determan the price you will pay.
2006-07-23 14:55:36 · answer #6 · answered by rachel g 1 · 0⤊ 0⤋
What type of insurance? home, car, life, health???
2006-07-21 19:23:14 · answer #7 · answered by justme 1 · 0⤊ 0⤋
Try https://tr.im/iNOSu
2016-07-12 05:18:10 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Try https://tr.im/xyRXY
2015-12-18 10:12:15 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Get the best deals available in your area at: PROTECTIONQUOTES.NET
2014-06-19 12:34:53 · answer #10 · answered by Anonymous · 8⤊ 0⤋