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What is a loss history letter for business insurance?

Answer:

Loss History, or Loss Runs, is an insurance document detailing the claims that your current and/or previous insurance carrier has paid out to you while you were insured by them. In order for you to receive a new quote for commercial insurance from a competing agent, loss runs or loss history is required to determine the extent of the risk involved in insuring your business.

First answer by Sharlinebrown. Last edit by Matt Doman. Contributor trust: 0 [recommend contributor ]. Question popularity: 90 [recommend question].

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