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What is the policy year for the Liability insurance and are the rates pro-rated?

April 26, 2017liability insurance policy pro-rated rates year

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What is the policy year for the Liability insurance and are the rates pro-rated?

1 Answer

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The policy year runs from August 1 to July 31. The rates are NOT pro-rated. If you buy a policy mid-year, you will still be required to pay the full premium.