Example: How Costs Are Shared Equally

This section relates to the Shared Amounts feature in the Coverages section when creating or editing an allocation. The following illustrates how a shared amount is distributed equally across cost components.

Distribute $20,000 in broker fees across cost components:

Total number of cost components between the 2 coverages: 4

$20,000 / 4 = $5,000* added to each cost component

*Final results may differ due to factors including fixed rates or modifiers.

See example of how costs are shared proportionately.

Read more about Shared Amounts in Allocations.