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Answered 2014-12-26 17:47:38

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

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Higher the risk higher the price premium.


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.


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.


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.


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.


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.


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.


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.


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.



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.


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


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


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.


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.


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


debit insurance premiumcredit cash / bank


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


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


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.


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.


An Actuary is the person in an insurance company who calculates the premium


debit insurance premium expensecredit cash / bank


No. This is not what homeowners insurance is designed to do. This is not a covered cause. Homeowners insurance covers more than any other kind of insurance especially with the premium as low as it is.


Gross Premium is the Total premium indicated to be charged.



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