Home Insurance Glossary - Territorial Rating

The Definition of "Territorial Rating" is:

A method of classifying risks by geographic location to set a fair price for coverage. The location of the insured may have a considerable impact on the cost of losses. The chance of an accident or theft is much higher in an urban area than in a rural one, for example.



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Tax Sheltered Annuity (TSA) Tax-deferred Basis Ten-day Free Look Provision Term Certain Annuity Term Life Insurance Territorial Rating Terrorism Insurance Third-party Administrator Third-party Coverage Time Deposit Time Limit On Certain Defenses Provision Title Insurance Tort Law Tort Reform Tort Total Disability Total Loss Transparency Travel Insurance Treasury Securities Treaty Reinsurance Twisting.
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