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An auto insurance premium, like any insurance premium, is the amount of money that is paid on a periodic basis to an insurer in consideration for which the insurer accepts financial liability for a designated range of risks. Typically, the duration, terms and conditions of the risk transfer are enumerated in a written insurance policy, as is the amount of the premium to be paid and the frequency of payment. Try this site where you can get quotes from different companies
usinsurancequote.org
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What is the average premium for md car insurance?
In 2009 the average auto insurance premium for residents in Maryland is $2,295.
What are premiums for auto insurance?
The premium is the price you pay for your auto insurance. This will vary greatly depending on location, drivers, accidents, vehicles, etc.
What is an auto insurance yearly premium?
An auto insurance premium is how much you are paying to receive coverage from the insurance company. While some companies offer semi-annual premiums, others will offer annual premiums. Each coverage you elect to carry will have their own premium amount. The total premium is found by adding all of these premiums together.
Do you have to disclose the premium cost on a previous auto insurance policy declaration requested by your new auto insurance company to prove prior coverage in Michigan?
You shouldn't have to disclose the premium, just the prior insurance carrier and policy number. What do you care if they see the premium anyway? It's not like they are going to adjust your new premium one way or the other.
What is a premium for auto insurance?
Your premium is pretty much your monthly bill, after deciding what type of deductible you plan on choosing. The higher deductible the lower your premium will be.
Is it a good idea to have legal insurance with your auto insurance?
Legal insurance is not the same as auto insurance; legal insurance is simply a retainer that is paid to an attorney or lawyer so that they can be help in counsel if they are needed. Auto insurance, depending on the level and premium paid, provides coverage in case of an accident.
What is the cost of the premium of auto insurance?
Insurance premium costs vary by a number of factors, location, age, driving record, model and make of car. You need to check locally
When does an auto insurance policy lapse?
When you don't pay your monthly premium or you don't renew.
Will a 2 point traffic ticket increase your auto insurance premium?
yes it may
What percentage of a typical auto insurance premium dollar is used to pay losses?
20
Just what exactly is auto insurance?
Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy.
What is the monthly premium for freeway insurance?
The monthly premium for freeway insurance varies greatly for this to be answered. As in other auto insurance quotes would vary on the amount if any accidents or tickets you have had. Your age would also be a factor.
