The estimated cost of an insurance mobile app will be around $25,000 to $120,000. However, the cost of developing an insurance app depends on the size of the app and how many features were added to it.
Further, the insurance app development cost also differs from country to country. If you hire top mobile app developers from India to build a features-rich on-demand Insurance App, then the application development team might charge you $35-$55 per hour.
Accordingly, if you hire the best mobile app development companies from the USA, then the hourly rate of online insurance claiming apps for Android/iOS development will be ranged from $100-$150.
Hence, the development cost of an insurance app mostly depends on how much a top mobile app development company in India, the USA, or the UK will charge per hour.
Surprisingly, the tools and technologies used in the mobile application development process also impact the insurance app development price.
Using advanced technologies such as artificial intelligence, machine learning, and predictive analytics to develop a sort of intelligent features like estimating the credit eligibility and risk level analyzer will drastically increase the actual cost of insurance application development.
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