RatePro® is a rate analysis tool for different property-liability lines of insurance. RatePro® can either advise you how much to increase or decrease your rate, or it can suggest a rate.
RatePro® asks you for information about:
- Premiums or Exposures
- Losses (and Allocated Loss Expenses)
RatePro® uses this information, industry-wide factors, and simplifying assumptions in its calculations.