| 释义 |
insurance rating
noun[ C ]
ukus
INSURANCE
a measurement of the risk that an insurance company has when it provides insurance for someone or something that affects how much someone must pay for insurance:
Various factors are used by underwriters to determine the price of your insurance. Insurance rating factors include, for example, your age and occupation.
Examples of insurance rating
insurance rating
Current insurancerating systems also provide discounts and surcharges for some types of use of the vehicle, equipment on the vehicle and type of driver.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
The homogeneity of much insurancerating is based on a combination of actuarial predictions utilising the law of large numbers and the desire to minimise operational costs.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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