Insurance

What is Underwriting?

Underwriting

[uhn-der-rahyt-ing]

noun

Underwriting is the process by which insurance companies evaluate the Risk of a car, home, or other property or individual to be insured. This process takes place when you submit your application, and is done by an Underwriter from an insurance company.

Share |

Have A Question About This Topic?

Saving for College 101

Here’s a crash course on saving for college.

9 Facts About Retirement

Regardless of how you approach retirement, there are some things about it that might surprise you.