The phrase "a cheap premium" is correct and usable in written English.
It can be used to describe a low-cost option or service that still offers some level of quality or benefits, often in the context of insurance or subscription services.
Example: "I found a cheap premium for my car insurance that still provides good coverage."
Alternatives: "an affordable premium" or "a low-cost premium."
A few pounds saved through a cheaper premium can be a false economy if you find you are paying out hundreds when claiming because of a very high excess.
Then, says Foulsham, "you have the opportunity to explain the circumstances to a human being, who can put into context any incidents to insurers, which can, hopefully, deliver a cheaper premium".
Contact specialist brokers who may be willing to offer you cover even when the main market has turned you down or cover you at a cheaper premium than standard insurers have offered.
At the very least, this does offer some indication that customers are willing to pay top dollar for all the latest bells and whistles, even when a cheaper premium alternative is on the market at the same time.
Given the choice of it and his other options — one with a $930 monthly premium and another with a cheaper premium but a $17,000 annual deductible.
You can get an insurance that has a cheap monthly premium payment, but you have to pay for it for a longer period of time compared to a regular insurance.
Some of the tricks they use are: guaranteeing you a high coverage for cheap premiums, some won't provide any guarantee for the benefit that they are supposed to give and many scams promise you a safe and fast process.
Instead, it said, the bank was deducting the cost of a cheaper, regular premium policy from the payout, on the basis that the customer would have bought one of them instead.
But insurers, who offered cheap premiums and low deductibles to encourage this new line of business, now find that they underestimated the number of small awards that companies make every year and did not anticipate the growing size of jury verdicts, one-fifth of which are now for $1 million or more.
In states like California, Maryland and Michigan, urban and even some rural counties have multiple insurers offering plans with relatively cheap premiums.
