What Does Premium Mean In Car Insurance?

  1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    When speaking of auto insurance the word "premium" typically refers to the amount that an insurance carrier expects a client to pay for an agreed upon amount of insurance coverage for an agreed period of time normally six months or one year. Please contact a local agent to discuss coverage availability and pricing within your geographic location.
    Answered on November 5, 2013
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