Definition of "Accident severity"

Rick Brown real estate agent
Rick Brown, Real Estate Agent Brown Home Group @ Keller Williams Advantage II Realty

Extent of the loss caused by accidents. Used in predicting the dollar amount of losses upon which the premiums are based.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Insurance Terms

Popular Insurance Questions