motor insurance premium

  • 11premium — (n.) c.1600, reward given for a specific act, from L. praemium reward, profit derived from booty, from prae before (see PRE (Cf. pre )) + emere to buy, originally to take (see EXEMPT (Cf. exempt)). Insurance sense is 1660s, from It. premio.… …

    Etymology dictionary

  • 12Insurance Corporation of British Columbia — The Insurance Corporation of British Columbia (ICBC) is a provincial crown corporation in British Columbia created in 1973 by the NDP government of British Columbia. The original purpose of ICBC was to provide universal public auto insurance in… …

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  • 13insurance tied agent — An agent who represents a particular insurance company or companies. In life and pensions insurance, a tied agent represents only one insurer and is only able to advise the public on the policies offered by that one company. In general insurance… …

    Big dictionary of business and management

  • 14Vehicle insurance — Vehicle insurance, in exchange for a premium, will pay valid claims arising out of traffic collisions Vehicle insurance (also known as auto insurance, gap insurance, car insurance, or motor insurance) is insurance purchased for cars, trucks,… …

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  • 15Auto insurance risk selection — is the process by which vehicle insurers determine whether or not to insure an individual and what insurance premium to charge. Depending on the jurisdiction, the insurance premium can be either mandated by the government or determined by the… …

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  • 16Expatriate insurance — policies are designed to cover financial and other losses incurred while living and working in a country other than one s own.Insurance should be arranged prior to relocating to a new country or destination. Policies will generally cover the… …

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  • 17Usage-based insurance — Usage based insurance, also known as pay as you drive (PAYD) and mile based auto insurance is a type of automobile insurance whereby the costs of motor insurance are dependent upon type of vehicle used, measured against Time, Distance and Place.… …

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  • 18Usage based insurance — Usage based insurance, also known as pay as you drive (or PAYD) is a type of automobile insurance whereby the costs of motor insurance are dependent upon vehicle usage, particularly distance traveled. Economic and environmental impactIn economic… …

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  • 19Captive insurance — companies are insurance companies established with the specific objective of financing risks emanating from their parent group or groups but they sometimes also insure risks of the group s customers as well. Using a captive insurer is a risk… …

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  • 20ChoiceQuote Insurance Services — Type Limited Company Industry Finance and Insurance Founded 1995 Headquarters Liverpool, United Kingdom Key people Cathie Bruce …

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