Insurance

What is Exposure?

Exposure

[ik-spoh-zher]

noun

1.

Exposure is an individual’s inclination to Risk in their daily life. For example, the more a person drives their car, the higher their Exposure to an accident. Insurance companies use Exposure to measure the risks of taking on certain policies and to help determine Premiums.

Have A Question About This Topic?

Thank you! Oops!

Related Content

Fixed or Variable Mortgage, Which Should You Pick?

Fixed or Variable Mortgage, Which Should You Pick?

When selecting a mortgage, one of the most critical choices is between a fixed or variable interest-rate mortgage.

The ABC’s of Auto Insurance

The ABC’s of Auto Insurance

What kind of auto insurance should you have? Do you know?

What is an Appraisal?

What is an Appraisal?

Do you know what an Appraisal is?