Insurance Exam Vocabulary Terms

Retrospective Rating

The process of determining the cost of an insurance policy based on the actual loss experience determined as an adjustment to the initial premium payment.

NextNext

Other terms you may be interested in:

Insurance Tests - Pass your Insurance Exam Now!

Our Insurance Exam Prep Includes...

Hundreds of Insurance Practice Test Questions (that apply to your state)
Insurance Vocabulary Flashcards
Study-Mode & Timed-Exam Mode
2025 Updated Material
User-Friendly On All Devices
1 Week / 1 Month / 3 Month Access
Insurance Exam Tip Videos
Support From Licensed Instructor
Insurance Terms & Glossary
100% Pass Money-Back Guarantee
★

Or
Insurance Practice Tests - Practice on any device
Start Now