experience rating

experience rating. Insurance. A method of determining the amount of the premium by analyzing the insured’s loss record over time to assess (1) the risk that covered events will occur, and (2) the amount of probable damages if they do. [Cases: Insurance 1542(2). C.J.S. Insurance § 66.]

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词条贡献者

法律翻译Gianluca，毕业于英国一流的高级翻译学院，专注翻译各类与环境、土地及资源有关的法律文件。