341 4th Ave, Indialantic, FL 32903
321-733-6253
info@DealerRiskServices.com

Tag: premium factors

WHAT FACTORS MAKE PREMIUMS FLUCTUATE

As we have discussed previously, the main premium driver for individual risks is claims. Hands down, this is the major element underwriters use in calculating insurance costs.  However, there are other factors that cause the variances we see in premiums.   You have heard that the insurance market is cyclic. This is certainly true.  There …