Insurance

What is Underwriting?

Underwriting

[uhn-der-rahyt-ing]

noun

1.

Underwriting is the process by which insurance companies evaluate the Risk of a car, home, or other property or individual to be insured. This process takes place when you submit your application, and is done by an Underwriter from an insurance company.

Have A Question About This Topic?

Thank you! Oops!

Related Content

When is the Right Time to Buy Life Insurance?

When is the Right Time to Buy Life Insurance?

It's never too early to start thinking about life insurance. Waiting until you're older or in poor health is never a good idea.

Protecting Yourself & Your Home From Hurricanes

Protecting Yourself & Your Home From Hurricanes

Hurricane season is here, and it's important to be prepared. Ensure that you and your family are ready if disaster strikes and keep your loved ones safe.

What is a Dwelling Fire Policy?

What is a Dwelling Fire Policy?

Do you know what a Dwelling Fire Policy is?