answersLogoWhite

0

Auto insurance companies hire insurance underwriters, who can also be referred to as writers, to underwrite the risk a driver poses to the company. Underwriters determine how much a policyholder will pay for their insurance rates based on how much risk they carry. If a driver has tickets and accidents, an underwrite will rate them accordingly. Underwriters are very important in insurance because they make sure that policyholders pay the correct rates to prevent the insurance company from going bankrupt.

User Avatar

Wiki User

14y ago

Still curious? Ask our experts.

Chat with our AI personalities

BlakeBlake
As your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake
EzraEzra
Faith is not about having all the answers, but learning to ask the right questions.
Chat with Ezra
RossRoss
Every question is just a happy little opportunity.
Chat with Ross

Add your answer:

Earn +20 pts
Q: What is a writer on an auto insurance policy?
Write your answer...
Submit
Still have questions?
magnify glass
imp