Earthquakes and earth movement are excluded from renters insurance in Santa Monica because the standard policy form does not provide for
an appropriate amount of premium to be charged to cover the loss.
The Term Insurance calculator is a specialized tool which will enable you to know
the appropriate amount of the premium or cost of purchasing the Best Term Plan.
Not exact matches
Part
of what determines the
appropriate premium amount to charge a customer is based on the insurer's assumed rate
of return on its long - term investments.
Selecting an
appropriate deductible
amount can lower insurance
premiums and result in lower out -
of - pocket expenses overall.
If your ability to pay life insurance
premiums is such that you can afford the desired
amount of life insurance under either type
of policy, it is then
appropriate to consider the second question — what type
of policy to buy.
Once you have settled on an
appropriate amount of car insurance coverage, you can then start searching for ways to bring down your
premiums and save some extra money.
It is the responsibility
of the monthly renter to determine how much coverage is
appropriate and the
premium charged for monthly renters insurance will be based partly on what that
amount is.
If your ability to pay life insurance
premiums is such that you can afford the desired
amount of life insurance under either type
of policy, then it is
appropriate to consider the second question — what type
of policy to buy.
Determining the
appropriate type
of insurance involves several factors, including: the type
of need you are protecting, the
amount of time you will need the coverage, and the
amount of money you can afford for
premiums, among others.
Feel free to quote inexpensive term life or return
of premium life insurance for the
amount of your mortgage but also strongly consider getting coverage for the entire
amount that is
appropriate for you and your loved ones — not just enough to pay off your mortgage.