"Homeowner premium" refers to the amount of money that a homeowner pays to an insurance company for their home insurance policy. It is a regular payment made by the homeowner to ensure coverage and protection for their property in case of damage or loss.
Full definition
Synonyms for individual words can be found below.
«homeowner»
«premium»
Sentences with «homeowner premium»
- Do you know what went into determining your current homeowners premium rate? (trustedchoice.com)
- Because homeowners premiums can vary from city to city, the purpose of the study was to bring clarity to the true cost of owning a home in these places. (valuepenguin.com)
- For more information on how homeowner premiums are determined, review some of the main factors affecting your home insurance rate. (insurance.com)
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