Insurance broker fee comparison calculator

Calculate all-in quote totals and lowest quoted total with your own figures.

Your numbers

Use the units shown. Results update as you change valid inputs.

Choose the currency for these amounts. Changing it keeps your numbers and does not convert exchange rates.

Use all-in quote totals and lowest quoted total to compare changes to your inputs. The method and limits below explain the scope.

Examples

Examples

Try the starting example

Base premiums by broker (USD)
900,950,880
Broker fees (USD)
80,20,100
Other compulsory charges (USD)
10,10,10
All-in quote totals (JSON)
[990,980,990]
Lowest quoted total (USD)
$980.00
Lowest-cost broker position (count)
2

Try another scenario

Base premiums by broker (USD)
[901, 950, 880]
Broker fees (USD)
[80, 20, 100]
Other compulsory charges (USD)
[10, 10, 10]
All-in quote totals (JSON)
[991,980,990]
Lowest quoted total (USD)
$980.00
Lowest-cost broker position (count)
2
Calculation method

Calculation method

All-in quote totals (JSON)

Sum each quoted premium, fee and other charge; comparison assumes equivalent cover.

Lowest quoted total (USD)

Sum each quoted premium, fee and other charge; comparison assumes equivalent cover.

Lowest-cost broker position (count)

Sum each quoted premium, fee and other charge; comparison assumes equivalent cover.

Symbols and units
a
Base premiums by broker (USD)
b
Broker fees (USD)
c
Other compulsory charges (USD)

Use the units shown. A list keeps the order in which you enter its values. The symbol ^ means “raised to the power of”.

Assumptions & limits

Assumptions & limits

  • User-supplied measurements and assumptions; Sum each quoted premium, fee and other charge; comparison assumes equivalent cover. Supported limits: Finite numeric values bounded to 1e9 magnitude; lists and tables contain 1–100 records unless a stricter bound is stated. Inputs use the units shown. Lists explicitly paired by a method must have matching lengths; independent polynomial coefficient vectors may differ. Respect stated physical, interpolation, policy and computational domain limits.
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