The portion of an insurance rate used to cover claims and the costs of adjusting claims. Insurance companies typically determine their rates by estimating their future loss costs and adding a provision for expenses, profit, and contingencies.
Categories
- Insurance Blog (2)
- Insurance Recommend (1)
- Insurance Review
- Insurance Terms
OpenID accepted here
Learn more about OpenID
About this Entry
This page contains a single entry by David published on July 13, 2005 12:15 AM.
LOSS ADJUSTMENT EXPENSES was the previous entry in this blog.
LOSS OF USE is the next entry in this blog.
Find recent content on the main index or look in the archives to find all content.
