Determine Bundled Rate
Example: Client XYZ Insurance
-
Alacrity Minimum Base Auto Base Rate for Business Group Auto/Business Line Personal Auto.…..$140.00
-
Alacrity Gain Share…………………………………………………………………………..……………..…+$25.00
-
XYZ Insurance’s Average Supplement Ratio is 1% | Alacrity’s Supplement Fee is $59.00
- (1%* Alacrity Supplement Fee $59.00)= $0.59)
-
-
XYZ Insurance Auto Supplement Total……............................…...…....…...…………………....…..…....+ $0.59
-
XYZ Insurance’s Average Total Loss Ratio is 56% | Alacrity’s Total Loss Fee is $47.50
- (56%*Alacrity Total Loss Fee $47.50) = $26.60)
-
-
XYZ Insurance’s Average Total Loss Total…………..………………..………………………………… ….+$26.60
XYZ INSURANCE BUNDLED RATE……………………………………………………………………..$192.19