insurance rating - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “insurance rating”

insurance rating

noun [C]
 
 
INSURANCE a measurement of the risk that an insurance company has when it provides insurance for someone or something that affects how much someone must pay for insurance: Various factors are used by underwriters to determine the price of your insurance. Insurance rating factors include, for example, your age and occupation.
(Definition of insurance rating from the Cambridge Business English Dictionary © Cambridge University Press)
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