The Benefit of Acting Faster
The The LexisNexis® Insurance Market Insights ROI calculator simulates the estimated cost of delays in reacting to frequency or severity trends based on your loss ratio and the number of states in which you operate.
For the ROI calculator, we use a default Auto Loss Ratio of 55% (excludes LAE). If you want to change this figure, please enter the new Loss Ratio in the cell to the right.
To help you see the true cost of delays in reacting to frequency or severity trends, a best practice is to look at the impact at a state level. Please enter the number of states in which you operate.
Enter your Personal Auto annual written premium
Estimated Annual Auto Claim Losses (55% Loss Ratio)
Every month delay in responding to a
in frequency or severity, can have a large impact!
Monthly return from a faster decision:
Monthly return from a faster decision (per state ):
