Experience rating


 

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Experience rating

A technique insurance companies use to determine the correct price of a policy premium.



Experience rating

Similar Matches

FHA prepayment experience

FHA prepayment experience

The percentage of loans in a pool of mortgages outstanding at the origination anniversary, based on annual statistical historic survival rates for FHA-insured mortgages.


Experience good

Experience good

A product whose value can be better known after having consumed it. Producers of experience goods may temporarily charge a price lower than marginal cost to induce buyers to try the product. Done with an export, this would be legally considered dumping.




 
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