fleet rating

fleet rating
A single special premium rate quoted by an insurer for covering the insurance on a number of ships or vehicles owned by one person or company, rather than considering each one individually. The fleet need not consist of identical vehicles or vessels but common ownership is essential. A common method of fleet rating is to examine the claims history of the fleet against the total premium. In this way one fleet member may have several claims (which would individually merit a premium adjustment) but if the rest of the fleet is claim-free no adjustment need be made. Insurers vary on the minimum number constituting a fleet.

Big dictionary of business and management. 2014.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • fleet rating — ➔ rating * * * fleet rating UK US noun [U] ► TRANSPORT, INSURANCE a special low price offered for insuring all the vehicles or ships owned by one organization …   Financial and business terms

  • rating — An evaluation of credit quality of a company s debt issue by Thomson Financial BankWatch, Moody s, S&P, and Fitch Investors Service. investors and analysts use ratings to assess the riskiness of an investment. Ratings can also be an evaluation a… …   Financial and business terms

  • Fleet Air Arm — Aufstellung 1937 Land …   Deutsch Wikipedia

  • Fleet Foxes (album) — Infobox Album Name = Fleet Foxes Type = studio Artist = Fleet Foxes Released = June 3, 2008 (U.S.) June 9, 2008 (UK) Recorded = Genre = Indie rock Indie pop Length = 39:15 Label = Bella Union Sub Pop Producer = Phil Ek Reviews = *Allmusic… …   Wikipedia

  • Fleet Air Arm — For the division of the Royal Australian Navy, see Fleet Air Arm (RAN). Fleet Air Arm Founded 1937 …   Wikipedia

  • Rating system of the Royal Navy — The rating system of the British Royal Navy was used by the British Royal Navy between the middle of the 17th century and the middle of the 19th century to categorise sailing warships according to the number and weight of their guns.Origins… …   Wikipedia

  • Fleet Marine Force insignia — The Fleet Marine Force Warfare Insignia is a military badge of the United States Navy which is issued to those Naval personnel who are trained and qualified to perform duties in support of the United States Marine Corps. There are presently three …   Wikipedia

  • Performance Handicap Racing Fleet — (PHRF) is a handicapping system used in yacht racing. It allows dissimilar classes of sailboats to be raced against each other. The aim is to cancel out the inherent advantages and disadvantages of each class of boats, so that results reflect… …   Wikipedia

  • Star Fleet Project — Infobox Album| Name = Star Fleet Project Artist = Brian May + Friends Released = October 1983 Type = EP Recorded = April 21 and 22, 1983 Genre = Rock, Hard rock Length = 28:11 Reviews = *Allmusic Rating|2|5… …   Wikipedia

  • Motor carrier safety rating — The motor carrier safety rating is an evaluation given to an interstate commercial motor carrier (a company which employs truck or bus drivers) by the Federal Motor Carrier Safety Administration (FMCSA). A safety rating is determined by a… …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”