Extent of the loss caused by accidents. Used in predicting the dollar amount of losses upon which the premiums are based.
Accident Severity
| Insurance Dictionary: Accident Severity |
| 5min Related Video: Accident Severity |
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 | Milton rail crash |
| Sonning Cutting |
| Two-second rule |
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 | Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
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