• Home
• Insurance Forums
  Auto Insurance Life Insurance Health Insurance Home Insurance Disability Insurance Business Insurance Insurance Frauds Company & Specialty Insurance Insurance Agents The Pub
• Auto Insurance
• Health Insurance
• Life Insurance
• Home Insurance
• Disability Insurance

What is experience modifier

Message	Author
Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
Posted: Thu Sep 18, 2008 8:18 am   Post subject: What is experience modifier   What is experience modifier in insurance	precillajeba New member Joined: 18 Sep 2008 Posts: 1 1.25 Dollars($)
Posted: Thu Sep 18, 2008 11:24 am   Post subject:    The experience modifier helps determining the rate of premium of the workman's compensation insurance. The companies might use their experience modifier in deriving the premium level or may take the advantage of the existing experience modifiers. The insurer by using the formula of experience modifier decides the insurability of a company. It'll compare the claim history, loss experiences and such of one company with the others of same nature and will decide accordingly.	jeorge Senior member Joined: 07 Oct 2005 Posts: 808 132.58 Dollars($)

Quick Reply
Your Name
Subject
Message body

All times are GMT

Page 1 of 1