What is a Premium?
Premium
[pree-mee-uh m]
noun
1.
A Premium is the payment made to the insurance company, either monthly or in a lump sum, to purchase insurance. The Premium does not include other costs like copays or deductibles.
Related Content
Did You Know This Fact About Older Vehicles?
Did you know you have coverage options on older vehicles?
6 Tips to Help You Prepare for Natural Disasters
Disaster can strike at any time. These six tips can ensure you’re prepared when it does.
The Best of Both Worlds
Here are a few reasons we’ve chosen to be independent.