"Premium" as used in this code means all sums charged, received, or deposited as consideration for an insurance contract or the continuance thereof. "Premium" does not include a regulatory surcharge imposed by RCW 48.02.190, except as otherwise provided in this section. Any assessment, or any "membership," "policy," "survey," "inspection," "service" or similar fee or charge made by the insurer in consideration for an insurance contract is deemed part of the premium.
RCW 48.18.170
"Premium" defined.
Applied in 2 court decisions — leading case Sheldon v. American States Preferred Ins. Co. (2004)
Most recently applied in Sheldon v. American States Preferred Ins. Co. (August 2004)
2007 c 153 s 1; 1947 c 79 s .18.17; Rem
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.