Research on the Calculation Method of Engineering Insurance Rate Based on Bill of Quantitles

Abstract

This paper introduces a calculation method of engineering insurance rate based on engineering cost. The research has great significance for promoting the development of the engineering insurance and improving the exits project risk management model. The paper uses the modification method and the maximum possible loss method to calculate the engineering insurance rate. Firstly, the paper calculates the insurance rate of part project according to engineering costs and risks of each separated project, then gets the insurance rate of unit project through the weighted average of the proportion of part project costs. Similarly, it is available to get the insurance rate of other single project. Ultimately, the overall engineering insurance rate for the engineering project can be obtained.