Terms & Disclaimer
Last updated: July 21, 2026
The estimate, not the answer
ProRataWise computes a straight-line daily pro rata estimate of earned premium, unearned premium, and an estimated return premium based on the premium and dates you enter. It is a mathematical calculation provided for general information and educational purposes.
Not professional advice
The results are not insurance, legal, tax, or financial advice, and should not be relied upon as the basis for a decision about an insurance policy. This tool does not interpret your policy, quote a refund, or bind coverage of any kind.
Why your actual refund may differ
Insurance policies and insurers commonly apply terms this calculator does not account for, including:
- Short-rate cancellation penalties or retention factors;
- Minimum earned premium floors;
- Cancellation, endorsement, or broker fees;
- Taxes and assessments;
- Different day-count conventions or cancellation-date rules.
Only your policy documents and your insurer can confirm the actual amount.
No warranty
The calculator is provided "as is" without warranties of any kind, express or implied, including warranties of accuracy, completeness, fitness for a particular purpose, or non-infringement. We do not guarantee the results will be error-free or applicable to your situation.
Limitation of liability
To the maximum extent permitted by law, ProRataWise and its operators are not liable for any loss or damage arising from the use of, or reliance on, the results or content of this site.
Use of the site
You may use this site for lawful purposes only. You agree not to misuse the site, attempt to disrupt it, or use it in a way that could harm its availability.
Changes
We may update these terms from time to time. Changes take effect when posted on this page, with the updated date shown above.
Contact
Questions: hello@proratawise.com.