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Financial advisory
RES5Financial Advisory Services✓Large fleets are commonly priced by experience rating (the 'burning cost' method). What does this involve?
Experience rating prices a credible fleet on its own loss record — commonly the last three to five years of claims related to exposure — projecting expected claims and adding loadings for expenses, profit and large losses.
Reverting to individual vehicle/driver rating or ignoring the fleet's actual claims history.
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