TBF Insure

Worked examples

Load a prepared account, or start from a blank description.

Step 3 · Benchmark report

237990 — Other Heavy and Civil Engineering Construction

Marine contractor in Fort Lauderdale building and repairing private docks, seawalls and boat lifts for waterfront homes. Crews work from barges and small work boats. Eighteen employees, twelve years in business.

Revenue band
$1M - $5M
Employees
18
State
FL
Peer cohort
62 policies

Overall posture

Below peers

3rd percentile on total premium

Peer-expected lines covered

2 of 4

Counting a packaged form as covering its parts

Total annual premium

$51,200

Peer median $113,100 (−$62K)

Gaps

2 critical

2 material, 4 advisory

Findings

8 gaps against the peer cohort

Ranked by severity. Each one names the peer statistic it rests on, so the recommendation can be argued with.

2 critical · 2 material · 4 advisory

  1. Critical

    No inland marine in place

    Inland Marine

    The program has no Inland Marine cover.

    Recommendation

    Quote Inland Marine at the cohort's median limit and price it into the renewal. Going without it puts this account well outside how its peers are built.

    Peer evidence

    73% of the 62 peers in this cohort carry Inland Marine.

  2. Critical

    No workers compensation with employees on payroll

    Workers Compensation

    The program shows no workers compensation cover while the business reports 18 employees.

    Recommendation

    Bind statutory workers compensation and employers liability before the next payroll run. In most states this is a legal requirement above a low headcount threshold, and an uninsured claim is a personal exposure for the owner.

    Peer evidence

    92% of the 62 peers in this cohort carry Workers Compensation.

  3. Material

    No commercial property in place

    Commercial Property

    The program has no Commercial Property cover.

    Recommendation

    Put Commercial Property on the renewal agenda. Enough comparable accounts buy it that the decision should be a documented one rather than an omission.

    Peer evidence

    48% of the 62 peers in this cohort carry Commercial Property.

  4. Material

    No employment practices liability in place

    Employment Practices Liability

    The program has no Employment Practices Liability cover.

    Recommendation

    Put Employment Practices Liability on the renewal agenda. Enough comparable accounts buy it that the decision should be a documented one rather than an omission.

    Peer evidence

    45% of the 62 peers in this cohort carry Employment Practices Liability.

  5. Advisory

    Commercial Auto limit below the peer median

    Commercial Auto

    The program carries $1,000,000 of Commercial Auto, at the 30th percentile of peers who carry the line.

    Recommendation

    Worth an option at $2,000,000 on the renewal so the client can price the difference themselves.

    Peer evidence

    Peer median Commercial Auto limit in this cohort is $2,000,000.

  6. Advisory

    No cyber & privacy liability in place

    Cyber & Privacy Liability

    The program has no Cyber & Privacy Liability cover.

    Recommendation

    Put Cyber & Privacy Liability on the renewal agenda. Enough comparable accounts buy it that the decision should be a documented one rather than an omission.

    Peer evidence

    29% of the 62 peers in this cohort carry Cyber & Privacy Liability.

  7. Advisory

    No professional liability (e&o) in place

    Professional Liability (E&O)

    The program has no Professional Liability (E&O) cover.

    Recommendation

    Put Professional Liability (E&O) on the renewal agenda. Enough comparable accounts buy it that the decision should be a documented one rather than an omission.

    Peer evidence

    35% of the 62 peers in this cohort carry Professional Liability (E&O).

  8. Advisory

    No umbrella / excess liability in place

    Umbrella / Excess Liability

    The program has no Umbrella / Excess Liability cover.

    Recommendation

    Put Umbrella / Excess Liability on the renewal agenda. Enough comparable accounts buy it that the decision should be a documented one rather than an omission.

    Peer evidence

    37% of the 62 peers in this cohort carry Umbrella / Excess Liability.

Current versus proposed

This program rebuilt at peer-median limits

Every figure below is repriced from the same peer cohort the benchmark used. The comparison runs in both directions: a program carrying too little cover reprices upward, and that is the correct answer.

Modelled figures, not carrier quotes

Modelled by repricing this program at peer-median limits using peer-median premiums from the same cohort. These are modelled figures from a synthetic corpus, not carrier quotes. Nothing here has been submitted to a market.

Current program

$51,200

2 of 6 lines · $2M in limits

2 critical, 2 material

Total annual premium as placed today

Proposed structure

$133,590

6 of 6 lines · $7.25M in limits

No critical or material gaps remaining

Closes 4 of 4 at peer-median limits

Annual difference

+$82,390

+$5.25M in limits · 4 more lines

160.9% more than the current program

+$82,390 buys $5.25M more cover across 4 more lines and closes 4 of 4 gaps.

Total limits add up each line’s own limit. Coverage lines do not stack in a claim, so this is not one tower of cover.

Each coverage line with the change proposed, its current and proposed limit, its current and proposed annual premium, the difference, and the peer statistic the change rests on.
Coverage lineChangeLimitcurrent to proposedAnnual premiumcurrent to proposedDifference
General LiabilityUnchanged$1M$1M$19,400$19,400$0

This program's $1,000,000 of General Liability is at or above the peer median of $1,000,000, at the 36th percentile of peers who carry it, so it is left as written.

Commercial PropertyAdd line—$2.5M—$19,785+$19,785

48% of the 62 peers in this cohort carry Commercial Property at a median limit of $2,500,000 for a median premium of $19,785; this program carries none.

Workers CompensationAdd line—$1M—$58,490+$58,490

92% of the 62 peers in this cohort carry Workers Compensation at a median limit of $1,000,000 for a median premium of $58,490; this program carries none.

Commercial AutoRaise limit$1M$2M$31,800$28,730−$3,070(10%)

Peers in this 62-policy cohort carry $2,000,000 of Commercial Auto at a median premium of $28,730; this program carries $1,000,000 at $31,800.

Employment Practices LiabilityAdd line—$500K—$3,065+$3,065

45% of the 62 peers in this cohort carry Employment Practices Liability at a median limit of $500,000 for a median premium of $3,065; this program carries none.

Inland MarineAdd line—$250K—$4,120+$4,120

73% of the 62 peers in this cohort carry Inland Marine at a median limit of $250,000 for a median premium of $4,120; this program carries none.

A difference in parentheses is that line as a share of its own current premium. Lines added to the program have no current premium, so they show a dollar figure only.

Every line

Line by line against the cohort

Select a row to see the full peer distribution for that line.

Coverage lines with peer adoption, this account’s limit and premium, and its position in the peer distribution.
Coverage linePeers carryOn programYour limitPeer medianPositionYour premium
71%Yes$1M$1M
$1M, 36th percentile. Peers: $500K to $5M, median $1M.36th
$19,400
48%No—$2.5M
Not carried. Peers: $500K to $2.5M, median $2.5M.
—
26%No—$1M
Not carried. Peers: $500K to $2M, median $1M.
—
92%No—$1M
Not carried. Peers: $500K to $1.4M, median $1M.
—
73%Yes$1M$2M
$1M, 30th percentile. Peers: $700K to $5M, median $2M.30th
$31,800
37%No—$2M
Not carried. Peers: $2M to $10M, median $2M.
—
29%No—$1M
Not carried. Peers: $500K to $2M, median $1M.
—
35%No—$1M
Not carried. Peers: $500K to $2M, median $1M.
—
8%No—$1M
Not carried. Peers: $500K to $1.6M, median $1M.
—
45%No—$500K
Not carried. Peers: $250K to $1.3M, median $500K.
—
15%No—$250K
Not carried. Peers: $210K to $500K, median $250K.
—
73%No—$250K
Not carried. Peers: $100K to $500K, median $250K.
—

Position shows the p10-p90 peer band with the interquartile range solid and this account’s limit as the dark rule. A percentage in red is a line most peers carry and this account does not.

Position detail

Commercial Auto

Owned, hired, and non-owned vehicles used in the business.

In line with peers

Limit against peers

Median $2M
p10 $700Kp90 $5M
This account$1M30th percentile of peers

Premium against peers

Median $29K
p10 $10Kp90 $52K
This account$32K54th percentile of peers
Peers carrying
73%
Your deductible
$2,500
Peer median deductible
$5,000
Your premium
$31,800

Adoption

What peers buy, and what this program has

Sorted by peer adoption. A tall hollow bar is a line most of the cohort carries and this account does not.

Carried by this accountNot carried2 lines carried by a majority of peers are not covered by this program.

Data provenance

Peer figures come from a synthetic corpus of 11,000 modelled policies. They are not market data: no carrier, filing, bordereau or real policy is represented here. The corpus is generated by a documented model (seed 20260826) that varies adoption, limits, premiums and deductibles by NAICS sector, revenue band and state, weighted toward Florida and the South Atlantic. It is built to be internally coherent and byte-for-byte reproducible so the analysis behaves the way it would on real data - but every peer statistic on this page is modelled. Replace this corpus with bordereau or rating-bureau data before quoting any figure to a client.

Corpus peer-corpus-2026.08-r1 · 11,000 generated policies · seed 20260826 · cohort 237990 / $1M - $5M / FL · n=62 · generated 2026-09-08