Weighted Revenue
How carriers adjust your revenue by the type of work behind it when pricing professional liability. Riskier work counts for more.
What it means for your firm
Two firms with the same revenue can pay very different premiums depending on their mix of disciplines and project types.
Articles that explain it
Why Did My A&E Professional Liability Premium Increase? Understanding Weighted Revenue What Are Weighted Revenues in A&E Professional Liability Insurance? How to Compare Two Architects & Engineers Professional Liability Quotes Why Two Engineering Firms With the Same Revenue Can Pay Very Different E&O Premiums Why Did My Architects & Engineers Professional Liability Premium Increase?
General definition for education only. It is not an interpretation of any policy or contract, and it is not legal advice. The wording of your own policy and contract controls. Policies and definitions vary by insurance company.
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