Underwriting 2

Definition of "Underwriting"

Rosanta  Vallone
Rosanta Vallone Fletcher Realty Services Inc

Process of examining, accepting, or rejecting insurance risks, and classifying those selected, in order to charge the proper premium for each. The purpose of underwriting is to spread the risk among a pool of insureds in a manner that is equitable for the insureds and profitable for the insurer.

Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ