Patent insurance Archives

Risk Sharing: How Insurance Distributes Loss Across Many

Risk sharing through insurance policies distributes potential financial losses across a larger pool to minimize individual loss. Learn how this system benefits all.

Managing the Unknown: Assessing Speculative Risks

Speculative risks represent uncertainty for insurers. Learn how the industry approaches emerging, unpredictable threats when pricing policies.

Defining Speculative Risk in Insurance

What is speculative risk in insurance? Learn the key aspects of speculative risk definition and how it impacts coverage decisions.

Unraveling the Meaning of “Insurance Loss Reported”

What does it mean when an insurance company says “loss reported”? Get clarity on this insurance term relating to reporting claims and losses.

What is an Insurer? The Key Player in the Insurance Industry

An insurer is a company that provides insurance policies, collects premiums, assesses risks and pays claims. Learn what an insurer is and its role in the insurance industry.

Collateral Insurance: Protecting Your Assets and Peace of Mind

Collateral insurance protects the collateral used to secure loans. Learn how it works and why you may need this extra financial safeguard.

Bricked Meaning in Insurance: When a Device is as Useful as a Brick

What does “bricked” mean when it comes to electronics insurance claims? Find out how a bricked device can impact your coverage.

Commercial Insurance Broker Secrets Revealed!

Want to save on commercial insurance rates? Learn insider secrets and tips from expert commercial brokers that can help you pay less.

Insurability: How to Know if You’re Insurable

Insurability refers to one’s eligibility to purchase insurance based on risk factors. Learn what makes someone insurable or uninsurable.

Counterclaims in Insurance: What You Need to Know

A counterclaim is when the insurance company files a legal claim against you after you’ve filed a claim against them. Learn more about counterclaims and your rights.