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
What Deductible is Right for You?
Deductibles are tricky for some. Help make it simple with this article.
Acres of Diamonds
In life it often happens that the answers to our most pressing questions are right in our own backyards.
Interested in a Fuel Efficient Car?
Estimate how many months it may take to recover the out-of-pocket costs when buying a more efficient vehicle.