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
What is an Appraisal?
Do you know what an Appraisal is?
Did You Know This Fact About Flushing the Toilet?
Did you know you can still flush the toilet, even if your well pump is stopped.
Protecting Yourself & Your Home From Hurricanes
Hurricane season is here, and it's important to be prepared. Ensure that you and your family are ready if disaster strikes and keep your loved ones safe.