"Premium" is the consideration for insurance, by whatever name called.
A.R.S. § 20-1103
"Premium" defined
Applied in 3 court decisions — leading case Philadelphia American Life Insurance Co. v. Turner (2004)
Most recently applied in Ferrell v. Allstate Insurance Co. (January 2007)
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Arizona State Legislature. Reproduced from public-domain Arizona statutes; confirm against the official source for the current text. Not legal advice.