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| Houma | | The best time to switch policies is | | First Party Insurance: Insurance which |
| Greensboro | | within one month of receiving your | | applies to coverage for the insured's |
| Bronx | | policy renewal from your current | | own property or person. Contrast with |
| Allentown | | insurer. You can typically cancel your | | Third Party Insurance. |
| Springfield | | policy without any fees or penalties if | | |
| Cookeville | | you act within this time period. | | Broker-Agent: One acting as an agent |
| Portland | | | | of one or more insurers and as a |
| Thousand Oaks | | Individuals who have 30-year | | broker in dealing with one or more |
| Lawton | | mortgages might want to consider a | | other insurers. |
| Florence | | 30-year term to ensure that the house | | |
| Conroe | | is protected throughout the period of | | Accident Year Experience: Measures |
| Bayside | | the loan. | | premiums and losses relating to |
| Cape Coral | | | | accidents which occurred during a |
| Greensboro | | Life insurance, specifically Term Life, | | 12-month period. |
| Yuma | | is arguably one of the best values in | | |
| Duluth | | the entire financial services arena. | | Renewal: The reestablishment of the |
| Sioux City | | Where else can you go and get | | in-force status of a policy, the term of |
| Oklahoma City | | hundreds of thousands of dollars in | | which has expired or will expire |
| Anchorage | | protection for literally pennies per | | unless it is renewed. |
| Rome | | day? Rates for Term Life insurance | | |
| Jersey City | | remain at all-time lows, and now is the | | Single Limit: Any insurance coverage |
| Independence | | time to lock in the best prices. | | which is expressed as a single |
| San Jose | | | | amount of insurance, or a single limit |
| Kansas City | | The quickest and easiest way to | | of liability. Contrast with Split Limit. |
| Lakewood | | shop for new insurance is by | | |
| Newport Beach | | comparing rates at InsWebs online | | Submitted Business: Applications for |
| Minneapolis | | marketplace. If you do it the | | insurance submitted to an insurer but |
| Lawton | | old-fashioned way (by calling or | | not yet acted upon by it. |
| Union | | visiting multiple agents or insurance | | |
| Irving | | companies) it could take up a huge | | Loss Frequency: The number of times |
| Jackson | | chunk of your time, which no one | | a loss occurs over a specific period |
| Sarasota | | wants or needs. By completing | | of time. |
| Charlotte | | InsWebs online application, you will | | |
| Valdosta | | have rates to compare to your old | | Calendar Year Experience: This |
| Hendersonville | | ones within minutes! | | measures the premiums and losses |
| Raleigh | | | | entered on accounting records during |
| Springfield | | | | the 12-month calendar. |
