This document explains at a high level the components used to calculate the CoreLogic trade rates (T-rate)

and billing rates (B-rate) contained in the CoreLogic Claims Connect database.

The T-rate consists of the researched and verified employee’s pre-tax base hourly rate plus fringe benefits 

and insurance for any specific trade (roofer, plumber, electrician, etc.).

T-rate = Base Rate + Fringe Benefits + Insurance Rate

• Fringe Benefits may include:

  • Vacation
  • health insurance
  • 401k contributions
  • use of corporate vehicles
  • any other benefit an employer may offer their employees

• Insurance Rate is the employer’s contribution to fixed payroll taxes:

  • Workers Compensation

                ▪ Varies by state, and trade type

  • Federal and State Unemployment Insurance

                While federal rates are relatively consistent State rates can vary widely by trade 

                    and company, and therefore the startup rate is used

  • Social Security
  • Medicare
  • State Disability Insurance

The billing rate (B-rate) consists of the T-rate multiplied by the sum of the fixed business overhead rate, job 

overhead rate and profit rate.

        B-rate = T-rate * (1 + ( Fixed Business Overhead Rate + Job Overhead Rate + Profit Rate))

• Fixed Business Overhead may consist of:

• Executive Salaries

• Office expenses

  • Staff Salaries
  • Office equipment and services
  • Rent
  • Liability and Or Builders Risk insurance
  • Marketing and Advertising

Job Overhead consists of costs that can be directly associated to the job:

• Sales Commissions

• Equipment Rental, and depreciated equipment

• Permits and Fees

• Warranties

• Profit is applied to the “T” Rate


Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.
North America
(877) 862-8069
Français (Canada)
(888) 579-8053
+49 (800) 360 3655
U.K. and the rest of Europe
+44 0330 380 1282
1300 819 917
New Zealand
0800 796 245