high mileage rates
high mileage rates A+ twitter: @wyewhite
The premium is the cost that you must pay to have the insurance.
Yes It is fixed. No matter how much your volume of activity or production you are obliged to pay insurance premium as agreed.
a total cost of insurance coverage
The price or cost of the coverage purchased.
The Total Cost Of The Coverage
Insurance groups negoitiate for lower prices for the members of the group. Therefore if you are a part of the group it will decrease the cost of your insurance.
purchased for a certain time period with a specific premium cost
Generally the cost of the premium goes down. The more you pay out of pocket when you file a claim the less you pay for the premium.