answersLogoWhite

Top Answer
User Avatar
Wiki User
Answered
2011-01-15 05:44:18
2011-01-15 05:44:18

An auto insurance premium is how much you are paying to receive coverage from the insurance company. While some companies offer semi-annual premiums, others will offer annual premiums. Each coverage you elect to carry will have their own premium amount. The total premium is found by adding all of these premiums together.

001
๐Ÿฆƒ
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0

Related Questions


In 2009 the average auto insurance premium for residents in Maryland is $2,295.


well there are those who pay monthly and yearly it depends.


Nope. You can opt to get insurance from a different insurer at your will and there is no need to intimate your existing insurance provider. Note: If you fail to pay your yearly premium, the insurer will automatically nullify your policy and you no longer will be covered by their policy


The premium is the price you pay for your auto insurance. This will vary greatly depending on location, drivers, accidents, vehicles, etc.


You shouldn't have to disclose the premium, just the prior insurance carrier and policy number. What do you care if they see the premium anyway? It's not like they are going to adjust your new premium one way or the other.


Your premium is pretty much your monthly bill, after deciding what type of deductible you plan on choosing. The higher deductible the lower your premium will be.


In life insurance, discount is allowed on more of premium i.e. quarterly, half yearly or yearly payment of premia. Similiarly, in health insurance, when a person covers his sopuse, dependent children or parents, he/she is entitled to a family discount.


An auto insurance premium, like any insurance premium, is the amount of money that is paid on a periodic basis to an insurer in consideration for which the insurer accepts financial liability for a designated range of risks. Typically, the duration, terms and conditions of the risk transfer are enumerated in a written insurance policy, as is the amount of the premium to be paid and the frequency of payment. Try this site where you can get quotes from different companies usinsurancequote.org


Legal insurance is not the same as auto insurance; legal insurance is simply a retainer that is paid to an attorney or lawyer so that they can be help in counsel if they are needed. Auto insurance, depending on the level and premium paid, provides coverage in case of an accident.


Insurance premium costs vary by a number of factors, location, age, driving record, model and make of car. You need to check locally


When you don't pay your monthly premium or you don't renew.


Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy.


The monthly premium for freeway insurance varies greatly for this to be answered. As in other auto insurance quotes would vary on the amount if any accidents or tickets you have had. Your age would also be a factor.


This question does not make sense at all. Sorry. Please rephrase your question and maybe I can help more.


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



An insurance premium is the amount of money paid on a periodic basis for insurance of a given kind. The kind of insurance involved does not alter the definition of the term "premium". Therefore, a life insurance premium is an incremental amount paid for life insurance, and a non-life insurance premium is an incremental amount paid for another kind of insurance.


The premium is the cost that you must pay to have the insurance.


I have seen as low as 5% of the premium on some auto policies to over 100% on some life insurance premiums.


(Username: jehekim2) According to carinsurance.com, the average auto insurance premium in Hawaii $1,354. This however can vary greatly depending on the insurance company and other factors (age, vehicle, occupation, etc.)


The average insurance expenditure is calculated by adding all auto insurance premium collected for liability, comprehensive, and collision coverage, and dividing by the number of insured cars for the year. The average auto insurance expenditure nationwide is $785.


Buying direct auto insurance is different because it is generally cheaper. All of the administrative costs that are added onto a premium by insurance agents are not added into direct auto insurance. Insurance rates differ according to vehicles and driving records. You can look up www.direct-auto-insurance-rates.com to find out what it will cost you.


Single premium life insurance is life insurance coverage in which one premium payment is made and the life insurance policy is fully paid up with no additional life insurance premium payments required.


Encompass Auto Insurance offers its patrons a more simpler insurance experience, leaving less hassle protecting they things you worked hard to build in life. They provide higher coverage limits and provide one deductible and one premium on home and auto insurance.


No, your insurance can't be raised by $100.00 just because you are a woman. There are a lot of factors involved with the way your insurance is priced.



Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.