I need to know a formula to figure my insurance premiums based on a risk rate.
For a $50,000 owners policy, I need to charge 30.00 (cents) per thousand.
I get $150...I just want to make sure that is correct....
I mean easy, not weasy, lol
I need to know a formula to figure my insurance premiums based on a risk rate.
For a $50,000 owners policy, I need to charge 30.00 (cents) per thousand.
I get $150...I just want to make sure that is correct....
I mean easy, not weasy, lol