How Much Do You Really Know About Car Insurance? Take the Quiz to Find Out!Share:FacebookPinterestTwitterMailWhat role does an insurance premium play in car insurance?30%Next Correct Incorrect The correct answer is"The premium you pay for your insurance coverage." What role does an insurance premium play in car insurance? The sum you receive from your insurance after an accident. The cost to renew your car insurance policy. The highest limit your insurance will pay out for damages. The premium you pay for your insurance coverage. 30%