Premium Tax

Definition of "Premium tax"

Payment to a state or municipality by an insurance company based on premiums paid by residents.

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Related Real Estate Glossary terms

Life Income Policy

Policy that has many similar characteristics to that of the survivor-ship annuity in that the annuit ...

Excepted Period

Same as term Elimination Period: form of deductible usually found in disability income insurance; fo ...

Interest Rate Cap

Upper limit on the maximum possible interest rate an insurance company will pay. If the market inter ...

Personal Contract

Agreement concerning an insured individual, not the insured's property. A property and casualty insu ...

Market Area

Regional area from which a particular product or service can expect its greatest demand. For example ...

Frontage

Linear measurement of property abutting a road or water body acting as a boundary market. ...

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What Is A Housing Ratio?

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance ...

How Much Life Insurance Do I Need?

Every person has a different idea of what financial security means. If so, should happen to you, how ...

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This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input par ...

What Is A Mortgage Banker?

A mortgage banker is a company that originates mortgages and sells them to a secondary market. ...

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