Franchise Insurance Cost Calculator

Price your franchise policies across every major line. Tune assumptions for locations, payroll, and sales. Get totals, charts, and exports for smarter renewals today.

Inputs

Enter operational details, choose optional coverages, then calculate.
Symbol updates after calculation.
Category influences base rates.
Extra locations add operational exposure.
Used for liability and cyber scaling.
Primary exposure for workers compensation.
Used for employment practices coverage.
Replacement cost estimate for premises.
Machinery, fixtures, and specialized gear.
On-hand goods and consumable stock.
Set 0 if no owned vehicles.
Applies only if alcohol is served/sold.
Newer operations may price higher.
Increases pricing with frequency.
1 low, 5 high local crime exposure.
Storm, flood, wildfire, or quake influence.
Higher limits increase premium.
Higher deductibles can reduce pricing.
Applies mainly to property and interruption.
1.00 average; lower is better.
Controls apply modest discounts in the model.
Optional Coverages
Turn on lines and set limits to model bundles.
Bundle discount may apply
Scales with revenue and security.
Scales with employee count and claims.
Useful for advisory or service-heavy brands.
Estimated as a percentage of property premium.
Sits over liability and auto.
Input Tips
  • Use annual numbers for consistent comparisons.
  • Set vehicles to zero if none are owned.
  • Try different limits to see sensitivity.

Example Data Table

Sample scenarios to understand typical inputs and outputs.
Scenario Locations Revenue Payroll TIV Optional Lines Est. Annual
Retail, low claims 1 $650,000 $280,000 $310,000 Cyber, EPLI $6,900
Quick service, higher risk 3 $2,400,000 $920,000 $880,000 Cyber, EPLI, BI, Umbrella $34,500
Fitness, moderate risk 2 $1,200,000 $520,000 $540,000 Cyber, EPLI, Umbrella $17,250
These numbers are illustrative to show how inputs move results.

Formula Used

A transparent estimator that converts exposures into premiums.

Each coverage line uses a base rate multiplied by an exposure measure and adjusted by modifiers:

  • General Liability: Rate × (Revenue ÷ 1,000) × limit factor × deductible factor × location factor × claims × crime × tenure.
  • Property: Rate × (TIV ÷ 1,000) × deductible factor × catastrophe × claims × crime × tenure × sprinkler.
  • Workers Compensation: Rate × (Payroll ÷ 100) × modifier × location factor × claims × tenure.
  • Auto / Cyber / EPLI / Professional: Flat components scaled by vehicles, revenue, or employees.
  • Business Interruption: Estimated as a percentage of property premium.
  • Umbrella: Base + % of underlying liability, scaled by umbrella limit.

The final total applies an optional bundle factor, then adds policy and filing fees.

How to Use This Calculator

A practical workflow for budgeting and renewal planning.
  1. Pick the closest franchise category and set location count.
  2. Enter annual revenue, payroll, employees, and asset values.
  3. Choose liability limits and set deductibles to match policy intent.
  4. Set claims, catastrophe, and crime exposure to reflect reality.
  5. Enable optional coverages and adjust their limits as needed.
  6. Press Calculate to see totals, breakdown, and the chart.
  7. Download CSV or PDF to compare scenarios over time.