What Does Quote Mean?

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



The rate at which an insurance company indicates its willingness to assume certain liabilities or provide coverage under an insurance policy. A quote is an approximation of the premium for a given policy.

We hope the you have a better understanding of the meaning of Quote.

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