Best's Underwriting Report

Collection Agencies

Best's Underwriting reports describe the hazards and loss controls of nearly 600 businesses and municipal services. Each report includes a detailed description of the industry and identifies the hazards and loss controls for those companies. The Hazard Index of each report quantifies the degree of liability in applicable lines of insurance.

Report Date: 7/3/2024 9:54:28 AM
Report Type: Update
Report Description: The Collection Agencies report helps readers assess the insurance needs of operations that specialize in the recovery of unpaid bills and accounts receivable. The Professional Liability line carries the highest degree of exposure. Special exposures include the possibility of violating, in the United States, the Fair Debt Collection Practices Act (FDCPA) and state regulations. Related reports include Banks — Commercial, Credit Reporting Agencies — Consumer, and Lawyers’ Offices.

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