loan,banking and credit
*Loan,banking and credit>>>property insurance

The money you pay to an insurance company to your property or asset is called what?


A.)An insurance premium
B.) An insurance deductible
C.) An insurance payment
D.) Insurance coverage

A) An insurance premium.
Premium
E) Gone!
You've possibly left a few words out of the question. The answer is: an insurance premium.

Premiums are paid to the "insuror" by the "insured". The insuror then piles all of the premiums together and invests them in order to make the pile grow and to stand ready to settle any claims. This concept is called insurance or insurance coverage.

If you have a claim, you may be responsible for a portion of the claim, say the first $250. These are called deductibles and keep people from filing very small claims.
Education
Tags
state taxes fair tax federal tax deferred tax property insurance renters insurance social insurance state insurance student insurance online insurance
Related information
  • The money you pay to an insurance company to your property or asset is called what?
  • What is the best insurance company to use for multiple rental properties in Georgia?
  • How can I find out who my landlords insurance company is as far as rental properties go???
  • U r in an accident,on private property in WV, both drivers think they're not at fault,how does insurance work
  • Why would I need Indemnity Insurance for the lack of easement with regard to a drainage run on my property?
  • My property in my storage unit was wiped out by a major flood and I didn't have any insurance...?
  • My property was stolen from a Uhaul storage unit by an employee, can I sue Uhaul or only collect on insurance?
  • Where can I get home insurance for properties that will be empty for more than three months.?
    •    

    SiteMap--Copyright/IP Policy--Contact Webmaster--Resource of HR
    For personal non-commercial use only.