Premium. What is an insurance premium? Why do premiums vary?

$($Select the best answer below.$)$

A$.$ An insurance premium is the largest amount of insurance a person can have. Premiums vary based on numerous factors that include the value of the insured asset, location, gender, age, and other factors.

B$.$ An insurance premium is the cost of not having insurance. Premiums vary based on numerous factors that include the value of the uninsured asset, location, gender, age, and other factors.

C$.$ An insurance premium is the cost of obtaining insurance. Premiums vary based on numerous factors that include the value of the insured asset, location, gender, age, and other factors.

D$.$ An insurance premium is the cost of obtaining insurance. Premiums vary based on numerous factors that include the value of the insured asset, your job, marital status, and other factors.