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How To Calculate Insurance Premiums

Antonio Said:

How does the mileage per year calculate with insurance?

We Answered:

the higher the milage the higher the insurane so say if u drove 10000 a yr it would be lower than someone who drove 14k a yr depending on the car etc. Its all because the more miles you do the more likley you are to have an accident because you are using the car more i guess

Renee Said:

How to calculate unexpired insurance?

We Answered:

Look, it matters if it's short rate, or pro rata, but here's how to do it.

Divide the premium, by 365 - the number of days in the year.

Calculate exactly how many days are covered, by looking at a calendar.

Multiply the number of days covered, by the cost per day (that you got from step one).

Subtract from the total premium (420) to get the value of the unexpired premium.

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