Indications vs. Quotes

Indications vs. Quotes | What’s the Diff?

In the event you’ve ever inquired about pricing, you probably heard either of these two terms, indication or quote. We’re here with the next “What’s the Diff” to clarify the nuances of these two terms. Indication A non-binding rate, by an underwriter of the anticipated premium, that would be charged to coverage your given risk exposure; …

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