Assessable Insurance


Definition of "Assessable insurance"

Debbie Serino  Broker/Owner real estate agent
Debbie Serino Broker/Owner, Real Estate Agent Weichert, Realtors - Town & Country

Coverage in which an initial premium is charged, with the stipulation that an additional premium can be charged later if the loss experience of the insurance company warrants it; that is, if losses exceed premium income.

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