What Is an Insurance Premium? An insurance premium is a payment made by individuals or businesses to maintain coverage under an insurance policy, which provides protection against various risks.

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WSJ | Buy Side is The Wall Street Journal’s research and commerce team. Our commerce content is distinct from our newsroom coverage. We earn a commission from some links in our articles. Learn more.

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...

Auto and homeowners insurance rates have surged this year. For motor vehicle insurance alone, we've seen an average premium increase of 12.7% from 2023 to 2024, according to the November Consumer ...

Scott Nyerges is a former senior editor and content strategist at U.S. News & World Report, where he led coverage of car insurance and other personal insurance lines. He's also served as a managing ...