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| Posted: 09 Mar 2012 05:27 PM PST An insurance premium is the amount that you pay monthly or annually or within another agreed time period in exchange for insurance coverage from your insurer. Your insurance premium will be defined as part of your insurance contract and enables a policy holder to make a judgment regarding the value of the policy in terms [...] |
| Posted: 09 Mar 2012 05:25 PM PST In insurance company parlance a preferred auto insurance policy is a policy which is offered at preferential terms for drivers who have outstanding history of previous driving. This means those people who are able to show they abide by the rules of the road and have a clean record (no violations, citations, etc.) and have [...] Post from: 4insure |
| Posted: 09 Mar 2012 05:22 PM PST In the United States an insurance policy is simply the written contractual statement of the agreement between the insurance company and the policy holder (or customer). What is likely to be included in an insurance policy? Your insurance policy may include some or all of the following items, the exact wording and content will depend [...] |
| Posted: 09 Mar 2012 05:20 PM PST A pleasure use vehicle is different to your usual every day vehicle and there are strict limits on the use of please use vehicles for insurance purposes, this is because they receive discounted premiums compared to other insurance policies for automobiles as insurers see them as a lower risk because they aren't used as often. [...] Post from: 4insure |
| Posted: 09 Mar 2012 09:20 AM PST Personal lines insurance is an insurance policy that is offered to an individual this is different from a commercial lines business or a group business agreement or policy. What are some common forms of personal lines insurance? There are many different forms of personal lines insurance but some of the more common examples are: Auto [...] Post from: 4insure |
| Posted: 09 Mar 2012 09:17 AM PST Personal Injury Protection or PIP is an add on product to car insurance that is provided in some US states that will cover the medical expenses of the injured party and in some case the lost wages of that party and any other damages. PIP is a form of no-fault insurance in that the states [...] Post from: 4insure |
| Posted: 09 Mar 2012 09:15 AM PST In insurance terms "peril" is anything which can incur a loss for the insurance company based on the coverage terms of any individual insurance policy. In most instances peril covered by a policy that is issued by an American insurance company will be specifically named on your insurance contract, this is known as a named [...] |
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