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| Irving | | While some companies raise their | | Substandard Risk: A risk not |
| Albany | | prices based on your actual age, | | measuring up to underwriting |
| Canton | | most companies increase the price of | | standards. It may still be written but |
| Oakland | | their policies six months before your | | usually at a surcharged premium. |
| Jackson | | birthday. Its a term called Age | | |
| Huntsville | | Nearest in the industry, and that | | Flat Cancellation: A policy which is |
| Lima | | half-year price increase could really | | cancelled upon its effective date. |
| Anchorage | | add up over a 20-year term policy. As | | Usually under a flat cancellation no |
| Pueblo | | above, the quicker you purchase your | | premium charge is made. |
| Orange Park | | policy the better. | | |
| Reading | | | | Accident Year Experience: Measures |
| Durham | | If you decide to cancel your policy | | premiums and losses relating to |
| Whittier | | (after acquiring new coverage) | | accidents which occurred during a |
| Yuma | | outside of the 30-day period, you may | | 12-month period. |
| Venice | | have to pay a fee or penalty. | | |
| Rochester | | However, you may still save money | | Divided Cover: The placing of |
| Lansing | | after paying the fee if your new policy | | insurance on a given subject or |
| Longwood | | affords you significant savings. So | | object with more than one insurer. |
| Portland | | while it is best to wait until your | | |
| Asheville | | receive your renewal notice, you CAN | | Deflation: An economic period |
| Kansas City | | cancel your policy at any time. | | characterized by falling prices, high |
| Hemet | | | | unemployment and a generally |
| Phoenix | | We offer quotes for auto insurance, | | sluggish or slow economy. |
| Longwood | | life insurance, homeowners | | |
| Charleston | | insurance, health insurance, term life | | Notice of Cancellation: Written notice |
| Greenville | | insurance and more. | | by an insurer of intent to cancel |
| New Port Richey | | | | insurance, or written notice by an |
| Nashua | | The best time to switch policies is | | insured requesting cancellation. |
| Council Bluffs | | within one month of receiving your | | |
| Memphis | | policy renewal from your current | | Net Retention: The amount of |
| Franklin | | insurer. You can typically cancel your | | insurance that a ceding company |
| Glendale | | policy without any fees or penalties if | | keeps for its own account and does |
| Orange Park | | you act within this time period. | | not reinsure. |
