The amount an insurer charges per $100 of exposed property value is called the:

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The amount an insurer charges per $100 of exposed property value is called the rate. The premium is the total amount paid by the insured to the insurer, which includes the rate and any additional fees. The expense ratio is the ratio of expenses to premiums earned by the insurer, and the funding ratio is a term typically used in the context of pension plans.

The Amount an Insurer Charges Per $100 of Exposed Property