Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

What Is an Insurance Premium? An insurance premium is the amount of money an individual or business pays to an insurance company for coverage against specific risks or losses. Premiums are typically ...

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Insurance has its own language and ...

An icon in the shape of a lightning bolt. Impact Link In the world of car insurance, the cost of your policy is called a "premium," and it can vary depending on several key factors. If you try to buy ...