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
Can I Refinance My Mortgage?
This calculator can help determine whether it makes sense to refinance your mortgage.
Did You Know This Fact About Winterizing Your Car?
Do you winterize your car? You should consider it.
Dog Bites Neighbor. Now What?
Even dogs have bad days. So, what happens when your dog bites a neighbor or passing pedestrian?