insurance company

Related Terms
A business that provides coverage, in the form of compensation resulting from loss, damages, injury, treatment or hardship in exchange for premium payments. The company calculates the risk of occurrence then determines the cost to replace (pay for) the loss to determine the premium amount.

Use 'insurance company' in a Sentence

My car insurance policy is up and I don't want to keep spending so much money every month so instead of renewing my policy I will go and look for a new insurance company.
18 people found this helpful
I worked for a really great insurance company and they gave me a lot of benefits for working with them.
16 people found this helpful
Recently my house was severely damaged in the storm; I'm really glad I didn't skip paying my premium to the insurance company because now all that damage will be repaired and the cost will be covered by the insurance company.
14 people found this helpful

Email Print Embed