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
How Swimming Pools Affect Your Homeowners Policy
When the weather warms up, it’s important to remain up to date when it comes to your insurance coverage—especially if you own a pool.
The Best of Both Worlds
Here are a few reasons we’ve chosen to be independent.
Surprises
Making the most of surprises is a great reason to work with us.