What Does Engineering Approach Mean?

Free Business Insurance Quote Click Here
What does Engineering Approach mean? Read on to discover the definition & meaning of the term Engineering Approach - to help you better understand the language used in insurance policies.

Engineering Approach

Engineering Approach

The engineering approach is a way of analyzing risk in insurance by employing a professional engineer's expertise on an insurable item. The data produced by the engineer is then used for risk reduction and premium pricing.

We hope the you have a better understanding of the meaning of Engineering Approach.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Free Business Insurance Quote Click Here