Jun 24, 2022 10:59:00 AM
WHAT ARE LOSS EXPOSURES? There are several key risk management terms to understand when it comes to loss exposures. “Loss exposures are the possibilities of accidental losses with measurable financial consequences," according to Warren T. Hope, author of Introduction to Risk Management. There are four types of loss exposures that motor carriers must account for: property, liability, personnel, and net income. Below is a summary of each type of loss exposure.