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.
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.
Learn when it may not make sense to file a claim on your home insurance.
Protect yourself against the damage that your homeowners policy doesn’t cover.
Even if you’re young and single, you should still consider protecting yourself.