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Cheap Vehicle Insurance, Earned Premium

Posted on Wednesday, May. 11th 2016 6:41 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 Wednesday, May. 11th 2016 6:41 AM | by Online Vehicle Insurance Quotes | in Vehicle Insurance | No Comments »

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