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

Protection Against Uninsured Drivers

Protection Against Uninsured Drivers

You’re hit by an uninsured driver. Now what? Are you protected against financial losses?

What to Ask When Getting an Insurance Quote

What to Ask When Getting an Insurance Quote

Obtaining an insurance quote is something that everyone will likely have to do. But do you know what to ask for yours?

Tax Rules When Selling Your Home

Tax Rules When Selling Your Home

The tax rules governing profits you realize from the sale of your home have changed in recent years.