For most small businesses, loss ratio has the most obvious effect on workers compensation insurance premiums. However, over time a business loss ratio for liability and property insurance claims can impact premiums as well.
The higher your loss ratio is the higher your insurance premiums are going to be. Understanding concepts such as these will help you lower business insurance premiums for your organization.:1smile::idea::1baffled::goofy::1rolleyes::1arghh:
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The higher your loss ratio is the higher your insurance premiums are going to be. Understanding concepts such as these will help you lower business insurance premiums for your organization.:1smile::idea::1baffled::goofy::1rolleyes::1arghh:
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