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The definitions contained herein are for general information only and are not
designed for use in connection with the interpretation of any insurance policy
or annuity policy issued through Insurance Answer Center.
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Auto Insurance Glossary Terms 4 A B C D E F G H I J K L M N O P Q R S T U V W Y |
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Unearned Premium |
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The unearned premium is the portion of the written premium that has not been exposed to loss. In other words, if you have paid an annual premium and your insurance is cancelled before the term expires, then a portion of the premium you paid would have been to cover services that had not yet been provided. |
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Learn More about Auto Insurance
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| Answer Financial(R) Inc. offers insurance products and services through its licensed affiliates Insurance Answer Center(R) Inc. (California License No. 0B99714), Answer Center Insurance Agency, Inc., and other affiliates. Answer Financial is not an insurance company. Insurance plans and services are from insurance companies and other licensed insurance-related providers. Not all products available in all states. Rates subject to change. |
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