Definition of "Experience refund"

Monica Dees-Piacitelli real estate agent
Monica Dees-Piacitelli Real Estate Squad

Return of a percentage of premium paid by a business firm if its loss record is better than the amount loaded into the basic premium.

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

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Insurance Terms

Popular Insurance Questions