It can also result in premium leakage, where applicants pay higher premiums than necessary because of miscalculations or incomplete information on the application. Underwriting is a vital process for any insurer, and it is essential to the health of the insurance industry as a whole. Inaccurate underwriting can lead to claims and other legal issues, which can be costly to resolve. https://www.insuracarelife.com/atv-off-road-vehicle-insurance