What is Abandonment Rate?
Call Abandonment Rate
Definition
Call Abandonment Rate is the percentage of inbound calls where the caller hangs up before reaching an agent. It is calculated as: Abandonment Rate = (Abandoned Calls / Total Inbound Calls) x 100. For outbound predictive dialing, abandonment rate refers to calls answered by a person but not connected to an agent within 2 seconds.
Why Abandonment Rate Matters for Insurance
High abandonment rates directly translate to lost revenue. For inbound insurance call centers, every abandoned call is a potential lost sale or dissatisfied customer. For outbound predictive dialing, the TCPA mandates a maximum 3% abandonment rate—exceeding this can result in significant fines. Industry benchmarks target 5-8% for inbound and under 3% for outbound.
Key Points
- Inbound benchmark: 5-8% (lower is better)
- Outbound predictive dialing: must stay under 3% per TCPA
- Affected by staffing levels, call routing efficiency, and queue management
- High abandonment = lost revenue and potential TCPA violations
- Can be reduced with callback options, better staffing, and improved routing
How AgentTech Handles Abandonment Rate
AgentTech monitors abandonment rates in real-time with automatic alerts when approaching thresholds. For predictive dialing, the pacing algorithm maintains abandonment under 3%. For inbound calls, intelligent queue management, estimated wait time announcements, and callback options keep abandonment rates low.
Frequently Asked Questions
See Abandonment Rate in Action
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