Trending Now 
Popular on Insuranceopedia 
Risk Retention
Risk retention is an individual or organization’s decision to take responsibility for a particular risk it faces, as opposed to transferring the risk over to an insurance company by purchasing insurance. That means the individual or organization has chosen to pay for any losses out of pocket...
Risk Reduction
Risk reduction is one of the four main risk management techniques to be used in conjunction with other techniques to help an individual or organization effectively manage the risk of loss.Risk reduction refers to the way an insurance company or organization can reduce its financial losses by...
Insurance Risk
An insurance risk is a threat or peril that the insurance company has agreed to insure against in the policy wordings. These types of risks or perils have the potential to cause financial loss such as property damage or bodily injury if it were to occur.If the insured event takes place and a claim...
A Look at Uninsurable Risk
Uninsurable risk refers to those things insurance companies won't cove. Knowing what is uninsurable will help you plan for the future.
Travel Insurance: Do I Really Have To?
Don't forego travel insurance for international trips unless the risks are already covered by your existing insurance policies or you can easily absorb the costs.
By: Kaleigh Cox | Freelance Copywriter
10 Ways to Prevent Theft and Break-Ins in Your Apartment
Make sure you prevent theft and break-ins in your apartment. Just because you don't own your space doesn't mean you can't take steps to secure it!
How does a business owners policy (BOP) differ from general liability insurance?
The difference between a Commercial General Liability (CGL) policy and a Business Owners Policy (BOP) is that, while the former only covers liability losses, the latter covers both liability and property losses.A CGL policy provides coverage for bodily injury, property damage, personal and...
How do insurance companies calculate exposure?
Different insurance companies will have their own ways of calculating risk exposures and it will vary for different types of insurance. Most of this actuarial information is complex, proprietary, and not generally available to the public. The actuaries at large insurers use complicated risk models...
What is the top paying insurance industry job?
I think getting into the insurance industry is a great choice; it's an understated but very stable industry. Insurance is a financial product but it is also considered a consumer staple that is sure to be in high demand for years to come.If you talk to the average person about the insurance...
