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  2. Insurance loss ratio - Wikipedia

    en.wikipedia.org/wiki/Loss_ratio

    For insurance, the loss ratio is the ratio of total losses incurred (paid and reserved) in claims plus adjustment expenses divided by the total premiums earned. [1] For example, if an insurance company pays $60 in claims for every $100 in collected premiums, then its loss ratio is 60% with a profit ratio/gross margin of 40% or $40.

  3. Car insurance premium: what is a premium and how is it ... - AOL

    www.aol.com/finance/car-insurance-premium...

    The make and model of your car have a significant impact on the amount of your car insurance premium. For example, insurance on a brand-new car or a luxury SUV can be much pricier than insurance ...

  4. Vehicle insurance in the United States - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance_in_the...

    A motor vehicle owner typically pays insurers a monthly or yearly fee, often called an insurance premium. The insurance premium a motor vehicle owner pays is usually determined by a variety of factors including the type of covered vehicle, marital status, credit score, whether the driver rents or owns a home, the age and gender of any covered ...

  5. Vehicle insurance - Wikipedia

    en.wikipedia.org/wiki/Vehicle_insurance

    Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...

  6. Should you pay car insurance in installments? - AOL

    www.aol.com/finance/pay-car-insurance...

    If you have full coverage car insurance, which typically includes both comprehensive and collision coverage, you can save money on your insurance premium by raising your deductibles, which is the ...

  7. How to make a budget using ChatGPT - AOL

    www.aol.com/finance/budget-using-chatgpt...

    Example: “Each month, I spend $800 on rent, $150 on utilities, $150 on car insurance, $300 on my car payment, $150 on gas, $400 on groceries, $60 on streaming services, $300 on student loan ...

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