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What wouldn't cause your insurance rates to be higher?
Filing no claims on your insurance will not raise your rates. Your insurance agent would just as soon never hear from you except when you pay your premium.
What are the travel insurance policies?
Higher the risk higher the price premium.
An insurance policy with a higher premium most likely has?
a lower deductible
Do women face premium charges when it comes to motor insurance?
Women typically do not face premium charges when it comes to motor insurance. Sometimes males will have to pay higher motor insurance rates as some companies consider them to be a higher risk.
Which has a higher premium life insurance or endowment policies?
Endowment policies. In normal life insurance policies, if you outlive the policy term you wont get any money. Whereas, in case of endowment policies, the insurance company returns a big % of your insurance premium to you at the end of the tenure. So, these policies are much higher in terms of premium when compared to regular or pure-term life insurance policies.
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.
What is the basic insurance premium for members of FEGLI the Federal Employees' Group Life insurance Program?
The basic insurance premium for the members of FEGLI, the Federal Employees' Group Life Insurance Program is 3%, which can be higher or lower depending on your health.
Difference between a deductible and a premium?
A premium is the amount of money you pay the auto/health insurance company monthly, quarterly, or biannually whether or not you get in an accident or go to the hospital. The higher your premium the lower your deductible, and the lower your premium the higher your deductible. A deductible is the amount of money after you get in a car accident or visit the hospital before your insurance company pays anything. After you have met your deductible the insurance company covers the rest of the expenses.
What is indeterminate premium life insurance?
Indeterminate premium life insurance is a type of whole life insurance that specifies two premium rates: a guaranteed maximum, and a lower rate you actually pay. The lower premium level is for a set period of time. Then the company establishes a new rate that may be higher or lower than the initial premium. But your premium can never be more than the guaranteed maximum.
Where can I find the best physician malpractice insurance policy for my new practice?
Malpractice insurance can be obtained from many insurance companies. The premium on the policy will vary by field of practice and services rendered. Riskier fields will command a higher premium.
Does insurance cost more on new car than old?
Yes, if you take out collision and comprehensive insurance. The more the car is worth the higher the insurance premium.
Which of these would not cause your insurance rates to be higher?
buying liability insurance
