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What would your premium cost if you were previously not insured?
Wiki User
∙ 16y ago
Some companies will not insure a person or vehicle that have went uninsured for any length of time, others will. You will need to contact an agent for the answer.
Wiki User
∙ 16y ago
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What is under insurance and over insurance?
Not sure if you meant over insured and under insured. Basically there is a provision in homeowners and condo owner policies called a Co-Insurance penatly if you are not insured to 80% of replacement cost (not market value) of the home. If you are insured less than the 80% (under insured), you will not get you complete coverage limit but a reduced amount. Over insured is a little different. Lets say you insure your home at $100,000 and it would only cost $80,000 to replace. The insurance company would only pay the $80,000 but your premium paid was based on the $100,000 amount. If you are over insured, you will over pay for coverage. **Some states are "Valued Policy" states and you would get the full $100,000. Just a quick answer, but I hoped it helped.
Is the cost of insurance different for metal or shingle roofing?
Probably not. Many factors are considered by underwriters of insurance companies in determining if a risk will be insured and how much the premium will be. //
How does preimum differ from proceeds in insurance?
The term "premium" relates to the incremental cost of buying and maintaining the insurance on the person or property insured. "Proceeds" relates to the benefits paid by the insurer upon the happening of the event that was insured against (death, disability, damage to property, etc.).
Would not help decrease the cost of your car insurance premium?
Speeding tickets or accidents would not help.
What would it cost to have a Mazda rx-8 insured?
Mine costs $634 for 6 months in Florida.
If you are 17 years old and are about to get your license can you be insured on another family members policy other than your parents?
As long as their agent approves you, and receives the difference in cost for the premium yes of course that happens quite often.
Which of these would not help decrease thre cost of your car insurance premium?
high mileage rates
How much does it cost for minecraft premium?
Its $27.00 non-premium (U.S) And premium cost an extra 6 or 7 dollarsso your looking at like $34.00 (U.S)
What does insurance premium mean?
The premium is the cost that you must pay to have the insurance.
What would not help decrease the cost of your car insurance premium?
high mileage rates A+ twitter: @wyewhite
What to do when term life insurance policy ends?
The nature of term insurance is that after a set number of years, the coverage ends. At that time, or ideally before, the insured may obtain another term policy with the same or a different insurer, to last for a further period of years. Alternatively, the insured can obtain some other form of life insurance, such as whole life. New term insurance that the insured tries to obtain will likely cost more in monthly premium due to the advanced age of the proposed insured. The premium increase can be ameliorated by reducing the amount of insurance purchased. Additionally, whole life insurance is, by its nature, more expensive, because one of its attributes is a savings element ("cash value") which term insurance does not have. If there have been adverse changes in the insured's health since the issuance of the original policy, they will be considered in the underwriting process. They may result in a further increase in premium (in addition to that attributable to increased age), a disqualification for coverage, or a willingness by the insured to issue a policy with only a limited amount of benefits.
Would a 50 motorcycle be cheaper to insure than a 125 motorcycle?
I would think yes the smaller the cc the less cost for premium.
