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  2. What's covered when someone else drives your car ... - AOL

    www.aol.com/whats-covered-someone-else-drives...

    Coverage Extends, Not Transfers: While your insurance may cover the accident, it doesn't necessarily mean your coverage limits are automatically transferred to the permissive driver. Your policy ...

  3. Auto insurance premiums are skyrocketing. What's to blame? - AOL

    www.aol.com/finance/auto-insurance-premiums...

    The national average cost of car insurance hit $2,314 per year for full coverage as of April, according to a separate Bankrate database. That amounts to about $193 a month for full coverage.

  4. Standard vs. nonstandard car insurance: What you need to know

    www.aol.com/finance/standard-vs-nonstandard-car...

    Auto insurance premiums are determined the same way whether you get standard or nonstandard insurance coverage. Insurance carriers use multiple factors to determine how much you pay for car insurance.

  5. Premium financing - Wikipedia

    en.wikipedia.org/wiki/Premium_Financing

    Premium financing. Premium financing is the lending of funds to a person or company to cover the cost of an insurance premium. Premium finance loans are often provided by a third party finance entity known as a premium financing company; however insurance companies and insurance brokerages occasionally provide premium financing services through ...

  6. Insurance policy - Wikipedia

    en.wikipedia.org/wiki/Insurance_policy

    In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy ...

  7. Alternative risk transfer - Wikipedia

    en.wikipedia.org/wiki/Alternative_Risk_Transfer

    Alternative risk transfer (often referred to as ART) is the use of techniques other than traditional insurance and reinsurance to provide risk-bearing entities with coverage or protection. The field of alternative risk transfer grew out of a series of insurance capacity crises in the 1970s through 1990s that drove purchasers of traditional ...

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