accommodation line

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English[edit]

Noun[edit]

accommodation line (plural accommodation lines)

  1. (insurance) A risky policy that is granted as a favor.
    • 1893, The Insurance Times, volume 26, page 623:
      He cited low rates on dwellings, long credit to agents, blanket policies, accommodation lines on notoriously poor risks, and rebates to the assured as among the crying evils which could not be reformed on account of the opposition of a few obstinate underwriters.
    • 2010, Keith Purvis, English Insurance Texts: Words for the week, page 133:
      From your own experience if possible give examples of how the granting of accommodation lines can be included in underwriting guidelines.