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Having a high deductible will not cause your insurance premium to be higher.

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Q: Which of these will not cause your insurance premium to be higher?
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Related questions

What are the travel insurance policies?

Higher the risk higher the price premium.


What wouldn't cause your insurance rates to be higher?

Filing no claims on your insurance will not raise your rates. Your insurance agent would just as soon never hear from you except when you pay your premium.


An insurance policy with a higher premium most likely has?

a lower deductible


Do women face premium charges when it comes to motor insurance?

Women typically do not face premium charges when it comes to motor insurance. Sometimes males will have to pay higher motor insurance rates as some companies consider them to be a higher risk.


What is a premium for auto insurance?

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.


Which has a higher premium life insurance or endowment policies?

Endowment policies. In normal life insurance policies, if you outlive the policy term you wont get any money. Whereas, in case of endowment policies, the insurance company returns a big % of your insurance premium to you at the end of the tenure. So, these policies are much higher in terms of premium when compared to regular or pure-term life insurance policies.


What is the basic insurance premium for members of FEGLI the Federal Employees' Group Life insurance Program?

The basic insurance premium for the members of FEGLI, the Federal Employees' Group Life Insurance Program is 3%, which can be higher or lower depending on your health.


Which of these would not cause your insurance rates to be higher?

buying liability insurance


What does insurance premium mean?

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


What is the difference between life insurance premium and non life insurance premium?

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.


Where can I find the best physician malpractice insurance policy for my new practice?

Malpractice insurance can be obtained from many insurance companies. The premium on the policy will vary by field of practice and services rendered. Riskier fields will command a higher premium.


What is indeterminate premium life insurance?

Indeterminate premium life insurance is a type of whole life insurance that specifies two premium rates: a guaranteed maximum, and a lower rate you actually pay. The lower premium level is for a set period of time. Then the company establishes a new rate that may be higher or lower than the initial premium. But your premium can never be more than the guaranteed maximum.


Does insurance cost more on new car than old?

Yes, if you take out collision and comprehensive insurance. The more the car is worth the higher the insurance premium.


Difference between a deductible and a premium?

A premium is the amount of money you pay the auto/health insurance company monthly, quarterly, or biannually whether or not you get in an accident or go to the hospital. The higher your premium the lower your deductible, and the lower your premium the higher your deductible. A deductible is the amount of money after you get in a car accident or visit the hospital before your insurance company pays anything. After you have met your deductible the insurance company covers the rest of the expenses.


What is a single premium life insurance?

single premium life insurance: Single premium life insurance is a form of life insurance that's paid with one upfront lump-sum premium. Once you've purchased a single premium policy, you would receive a permanent death benefit that extends until you die.


What should your Deductible for car insurance be?

Well the higher your deductible, the lower your insurance premium will be. However, your deductible should be something you can afford in case of a loss.


Can a home insurance policy be cancelled for non payment?

Yes. Non Payment of premium can cause a cancellation or non renewal of an insurance policy.


What is the journal entry for payments of insurance premium?

debit insurance premium expensecredit cash / bank


What is premium loading in insurance?

Premium loading is an amount an insurance company adds to the basic premium to cover the expense of securing and maintaining the business.


What does ceded insurance premium mean?

What does ceded premium mean


How much is car insurance in Pennsylvania?

melanie9012: The average car insurance premium in Pennsylvania was approximately $2,000 in 2009, slightly higher than the national average.


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


What is gross premium car insurance?

Gross Premium is the Total premium indicated to be charged.


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.


Where can one find premium insurance?

When you are on the hunt for premium insurance, where to look will depend on the type of insurance you need. If you want premium health insurance you should look for companies like United Health or Wellpoint. If you are in the market for premium life insurance you should try companies like American General, or Allstate.

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