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?

Related Content

Is Cyber Liability Insurance Right for You?

Have you heard of cyber liability insurance? Do you need it?

Did You Know This Fact About Freestanding Structures?

Separate structures on your property may have to be insured separately.

The 5 Roles Life Insurance Can Play in Retirement

Life insurance can support your retirement strategy with emergency cash, loan options, and added confidence.