assessment company
An assessment company refers to an insurer that retains the right to assess additional charges above initial premium when those premiums are shown to be inadequate to cover the costs of operation.
assessment company
An assessment company refers to an insurer that retains the right to assess additional charges above initial premium when those premiums are shown to be inadequate to cover the costs of operation.
Additional Information
This is usually a mutual or reciprocal type of insurer.
