| | | | |
|
| Frederick | | If you decide to cancel your policy | | Convention Values: Values assigned |
| Burbank | | (after acquiring new coverage) | | to insurers' assets in the convention |
| Tyler | | outside of the 30-day period, you may | | blank. |
| Lake Charles | | have to pay a fee or penalty. | | |
| Newport Beach | | However, you may still save money | | Valued: Relating to an agreement by |
| Fredericksburg | | after paying the fee if your new policy | | an insurer to pay a specified amount |
| El Paso | | affords you significant savings. So | | of money to or on behalf of the |
| Troy | | while it is best to wait until your | | insured upon occurrence of a defined |
| Norfolk | | receive your renewal notice, you CAN | | loss. |
| Huntington | | cancel your policy at any time. | | |
| Anderson | | | | Claim Expense: The expense of |
| Long Beach | | The quickest and easiest way to | | adjusting a claim, such as |
| Scottsdale | | shop for new insurance is by | | investigation and attorneys' fees. It |
| Salem | | comparing rates at InsWebs online | | does not include the cost of the claim |
| Richmond | | marketplace. If you do it the | | itself. |
| Warren | | old-fashioned way (by calling or | | |
| Valdosta | | visiting multiple agents or insurance | | Examiner: An employee assigned by |
| Springfield | | companies) it could take up a huge | | the state insurance department to |
| Springfield | | chunk of your time, which no one | | audit insurers' records. |
| Chesapeake | | wants or needs. By completing | | |
| Cincinnati | | InsWebs online application, you will | | Federal Deposit Insurance |
| Providence | | have rates to compare to your old | | Corporation (FDIC): An agency of the |
| Bloomington | | ones within minutes! | | federal government which insures |
| Tallahassee | | | | bank deposits up to a stated |
| Cincinnati | | If you have noticed that your auto | | maximum. |
| El Paso | | insurance rates are still increasing | | |
| Whittier | | with each renewal, or even have not | | Malinger: To feign a disability for the |
| Huntsville | | gone down even though you have a | | purpose of continuing to collect |
| Orlando | | great driving record, this lower pricing | | benefits longer than actually |
| Chula Vista | | trend makes it more important then | | necessary. |
| Memphis | | ever that you shop around for auto | | |
| Sumter | | insurance. | | Retrospective Premium: The final |
| Tulsa | | | | premium in a retrospective rating |
| Torrance | | The best time to switch policies is | | plan. See Retrospective Rating. |
| Indianapolis | | within one month of receiving your | | |
| Gainesville | | policy renewal from your current | | |
| Lakewood | | insurer. You can typically cancel your | | |
| Cedar Rapids | | policy without any fees or penalties if | | |
| Lorain | | you act within this time period. | | |
