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Annual Premium= Annual Base Premium * Driver-Rating Factor

To get annual base premium the formula is...

Annual base Premium= Liability Premium + Collision Premium + Comprehensive Premium.

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Annual Premium= Annual Base Premium * Driver-Rating Factor

To get annual base premium the formula is...

Annual base Premium= Liability Premium + Collision Premium + Comprehensive Premium.

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Premium period

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The annual premium is paid once a year and the installment premium is usually paid monthly and usually has additional fees added which costs more than the annual premium.

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This type of calculator gives you the annual payment of annuity. If you don`t know what annuity is, then this won't help you out very much. But I hope that it will.

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yes

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