Insurance

What is a Premium?

Premium

[pree-mee-uh m]

noun

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.

Have A Question About This Topic?

Password Protection Strategies

Simple steps may help you foil hackers and protect your privacy.

No Holes Yard: Home Liability Coverage You Need

Your backyard is great until someone gets hurt. Here's what homeowners liability covers and how to protect yourself.