premium

pay

Customers paid a premium for the organic vegetables at the farmers market.

at a ~

Fresh parking spaces near the airport are at a premium during the summer holidays.

~ of

The seller was asking a premium of 15 percent because the house was in an excellent location.

~ on

Many successful schools put a premium on having well-trained teachers.

high, low

Insurance companies raised their high premiums after the accident rate increased.

keep up

My parents decided to cut back on other expenses so they could keep up their insurance premiums.

increase, raise

Car insurance companies often raise premiums for drivers who have had accidents.

~ for

You'll need to pay higher premiums for comprehensive car insurance coverage.

~ on

Insurance companies charge higher premiums on sports cars because they are riskier to drive.