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 Basement Flooding?
A simple precaution can help prevent basement flooding.
A House Divided
By understanding a few key concepts during a divorce, you may be able to avoid common pitfalls.
Little-Known Homeowners Insurance Facts
Many homeowners are unaware of how much their policy may cover. This article can help you maximize your homeowners insurance.