Cost of Risk Analysis
Picking the correct deductible doesn't have to be guesswork. A cost of risk analysis can help you zero in on the optimum coverage amount by looking at your historical losses, deductible levels and premiums and comparing them to current values.
Factors to consider include:
- Insurance premiums
- Legal and claims expenses
- Risk control
- Uninsured or self-insured losses
- Deductible credits
Every business and/or industry has its own definitions of risk. We can collaborate with you to customize a "Cost of Risk Analysis" report specific to your company.
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