What Is An Annual Premium For Car Insurance?

  1. 255 POINTS
    Dave Lin
    Principal, Linwood Forest Insurance Group, Pennsylvania
    An annual premium is the yearly amount the car insurance company charges you to insure you for whatever coverage you have requested through them directly or your local insurance agent.  If possible, it is best to pay the amount in one pay as most of the time there is a full pay discount.
    Answered on June 16, 2013
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