What is Own Damage Premium in Car Insurance?
Posted on 2024-08-19 05:17:39
Put simply, Own Damage (OD) Premium is the fee applicable for buying Own Damage Car Insurance from an insurance provider. As a car owner, it is wise to financially protect yourself against damage to your car. Own Damage Car Insurance can help you do just that. Therefore, before making a policy purchase, it is important to understand how the Own Damage premium is calculated.