Cheap Vehicle Insurance Quote, What is Earned Premium
Posted on Saturday, Mar. 21st 2015 6:01 AM by Online Vehicle Insurance Quotes in Vehicle Insurance No Comments »
Earned premium is the portion of a policy premium that has been used to actually buy coverage, or that the insurance company has “earned.” For instance, if you have a six-month policy that you paid for in advance, two months into the policy, there would be two months of earned premium. The remaining four months of premium is called unearned premium.
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Posted on Saturday, Mar. 21st 2015 6:01 AM | by Online Vehicle Insurance Quotes | in Vehicle Insurance | No Comments »