An expense ratio of 26% indicates low insurance company expenses in acquiring business. Question 4 Not yet answered Marked out of 1.00 P Flag question Select one: O True O False Question 5 An independent adjustor represents the insured, and can be hired to settle disputed claims. Answer saved Select one: Marked out of 1.00 Flag question O True O False Question 9 Answer saved Marked out of 1.00 In commercial real estate, the rates are adjusted based on the characteristics of the building and the rate making method used will be: P Flag question a. Retrospective rating b. Judgment rating C. Schedule rating d. Experience rating Clear my choice