{"id":40,"date":"2018-06-19T15:28:10","date_gmt":"2018-06-19T15:28:10","guid":{"rendered":"https:\/\/wp.backshake.com\/insuropedia\/?post_type=term&#038;p=40"},"modified":"2024-09-26T08:38:39","modified_gmt":"2024-09-26T08:38:39","slug":"insurance-premium","status":"publish","type":"term","link":"https:\/\/www.lemonade.com\/insuropedia\/dictionary\/insurance-premium\/","title":{"rendered":"Premium"},"content":{"rendered":"<p>An insurance premium refers to how much your insurance policy costs, either on a monthly or annual basis.<\/p>\n<p><script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": {\n    \"@type\": \"Question\",\n    \"name\": \"What is an insurance premium?\",\n    \"acceptedAnswer\": {\n      \"@type\": \"Answer\",\n      \"text\": \"Insurance premium is just a fancy word for the cost of your insurance policy. Usually, insurance companies give you a monthly price, such as $5\/month. To find out how much it\u2019d cost to insure your apartment or home (aka your insurance premium), you\u2019ll need to first get a quote, which generally requires filling out info online, talking to a customer service representative or underwriter on the phone, or, in Lemonade\u2019s case, chatting with an AI bot.\"\n    }\n  }\n}\n<\/script><\/p>\n","protected":false},"featured_media":0,"template":"","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Insurance Premium | Insuropedia by Lemonade<\/title>\n<meta name=\"description\" content=\"An insurance premium is how much you pay your insurer for coverage spanning a range of bad things that could happen to you, your place, or your stuff.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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