How to get a Rate Study

You can acquire rate analysis services using a closed, value-based or process oriented approach.

The value-based approach takes about 30 minutes to get started. Most of my clients use this approach. It is the most effective and cost-efficient way to get rates analyzed and adjusted properly.

The process oriented approach takes longer, costs more and you might not select the best service provider if you use it. However, you might be required to use such an approach by ordinance or policy.

See Chapter 14 - How to get a Great Rate Analyst, of the book "How to get Great Rates" for guidance.