answersLogoWhite

0


Best Answer

This is an impossible question to answer without looking at your policy. There is no way to tell you exactly what your are and are not covered for or the actual cost of insurance without reviewing your exact policy (which is the binding contract that the insurance company must legally be responsible for, CAUTION: VERBAL OR WRITTEN agreements are not what you are entitled to unless those written agreements are bound in the policy itself NOT in the folder or packet with your policy in it). To be sure of what is true for your exact case get a free analysis from a team of professionals, just so there is no surprises. You can chat or get a full analysis free, just E-mail (freeinsuranceanalysis@Yahoo.com).

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do you have to pay the starting fee every year when renewing my insurance?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why the first year commission is so high in insurance?

It represents convincing someone to buy insurance in the first place. Once someone has had insurance for a year, they'll probably just keep renewing.


Does car insurance increase as you age?

Yes, it triples every year.


What is the starting price for Diamond car insurance?

The starting price for Diamond car insurance is 1284 United States dollars for a female, and the starting price for a male is 2441 US dollars. These prices cover a year.


Does the product apple automatically give you insurance?

No. Every Apple product has a warranty (usually 1 year), but that's not insurance.


How much do insurance brokers earn?

they earn about 35k a year starting base salary + benefits


Should homeowner's insurance increase every year?

No, Not necessarily unless your risk factors are increasing ever year.


What auto insurance companies allow 17 year olds to get their own insurance?

Almost every auto insurance company requires your parents to sign your policy or for you to be listed under theirs. There are no known insurance companies who will insure a 17 year old by themselves.


How much does an insurance csr make?

A car insurance salesman can make 50,000 dollars and up every year. They usually make commission on top of this.


How do you find out who your house insurance is with?

Just look at your home insurance policy the company mails to your every year. It will have the name of the company and contact information by phone and mail.


What is the average cost of motorcycle insurance for a 23 year old?

Every insurance company is different and every individual case is different but typically, motorcycle insurance for a 19-year-old will be relatively expensive. However, if you compare quotes online, pass a motorcycle safety test, and get good grades then you are taking significant steps in lowering your risk which is something insurance companies generally reward with lower rates.


What is Reversionary Bonus in Life Insurance?

Reversionary Bonus Means, Life insurance company will declare bonus every year fo the Traditional and Endownment policies. It based upon company profit by that particular type of products. And reversionary bonus wil increase gradually for every year.


How many instalments do you have to pay yearly for your car insurance?

In most cases - only one. You pay the premium for once every year for a years worth of insurance coverage