What Does Loss Trending Mean?

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

Loss Trending

Loss Trending

Adjusting historical losses to account for inflationary trends so that their value is in current dollar amounts. Historical loss amounts are multiplied by "trending factors" to convert historical loss amounts to current dollar amounts.

We hope the you have a better understanding of the meaning of Loss Trending.

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