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Old 05-16-2006, 03:12 PM
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Level Premium Funding


What is the name of your state? Pennsylvania.

Are auto and homeowners' insurance "pay as you go funded" as opposed to "level premium" funded?
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Old 05-16-2006, 08:56 PM
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Location: Philadelphia, PA
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I live in PA but I don't know what that means.
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Old 05-16-2006, 09:14 PM
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They are leve premium funded, you pay the same amount over a specified period of time. Pay as you go funding generally applies to pension funding or dispersment of funds related to clubs and organizations.
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