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Can your current car insurance company raise your premium for using another policy on another vehicle you own?
Wiki User
∙ 12y ago
Unclear on your question. Do you want to know if your rates will go up because you have a different car with a separate policy?
Probably not just because you have a separate policy, unless your current policy is discounted because of multiple vehicles and you are removing one of them to go with someone else.
On the otherhand, if you had an accident and turned it in to the company covering that vehicle, your current company will know about the accident and it is possible your rates could go up because of the accident not because you have another policy out there.
Wiki User
∙ 12y ago
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One can obtain premium whole life insurance through their current insurance company. Several companies such as TD Insurance and BMO Insurance, offer great rates.
What is the title of a person in an insurance company who calculates the premium?
An Actuary is the person in an insurance company who calculates the premium
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No, if Insurance premium is paid in advance then it is a Prepayment - current asset.
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To transfer your risk of loss to another party - the insurance company. The premium you pay the insurer is the cost of transfering that risk of loss.
What do you call the payment of the insurance company?
premium
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Premium loading is an amount an insurance company adds to the basic premium to cover the expense of securing and maintaining the business.
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Insurance company have premium rates, Not inflation rates.
How much will your insurance premium go up if you have just 2 points?
Among other things it depends on your current insurance company. Also, see if your company will "erase" the points if you attend a driver improvement class.
Does insurance premium mean monthly?
No. The premium is the price you pay for the coverage. Depending on your insurance company, the premium may be paid all at once or in payments.
What is a car insurance premium?
A car insurance premium is the amount of money paid to an insurance company for a 6 month period. It is cheaper to pay the full premium that pay each month.
