Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. Insurance is defined as the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a premium and duty of care.
Wednesday, November 22, 2006
Insurance Hikes?
The insurance company can raise the rates for as much as the traffic will bear.. What is the reason for the question..Assuming that the company raised your rates.. by how much ?
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