rebating
Rebating refers to returning a portion of the premium or the agent's/broker's commission on the premium to the insured or other inducements to place business with a specific insurer.
rebating
Rebating refers to returning a portion of the premium or the agent's/broker's commission on the premium to the insured or other inducements to place business with a specific insurer.
Additional Information
Rebating is illegal in the majority of states. Insurers must use filed rate credits or have supporting methodology.
