noun
1.
Risk is the likelihood that an insured event occurs, that is, an event in which the insurance company is likely to pay out a Claim. Insurance companies use Risk when determining whether to insure a home, car, or individual, and when setting Premiums. People with lower Risk generally pay lower rates, and people with higher Risk generally pay higher rates.
When the weather warms up, it’s important to remain up to date when it comes to your insurance coverage—especially if you own a pool.
Learn the best steps to take after you’ve been in an automobile accident with this useful, step-by-step video.
Concerns over identity theft continue to grow, especially with data breaches at major companies and financial institutions.