Risk Assessment

Written by  //  June 24, 2011  //  Insurance Glossary: N-S, Insurance Terms  //  Comments Off on Risk Assessment

Your past experience in the insurance company’s eyes is all about how many automobile losses and violations you have since you began driving. This is variously referred to as the “loss record of the insured,” or “loss experience”, or “loss activity”, or “risk assessment”, or “insurable risk”.

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