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| Johnson City | | The best time to switch policies is | | Net Retention: The amount of |
| North Hollywood | | within one month of receiving your | | insurance that a ceding company |
| Fredericksburg | | policy renewal from your current | | keeps for its own account and does |
| Santa Barbara | | insurer. You can typically cancel your | | not reinsure. |
| Madison | | policy without any fees or penalties if | | |
| Alameda | | you act within this time period. | | Criticism: A correction suggested by a |
| Rochester | | | | rating or auditing bureau to an insurer. |
| Walnut Creek | | If you decide to cancel your policy | | |
| Fayetteville | | (after acquiring new coverage) | | Deductible: The portion of an insured |
| Toledo | | outside of the 30-day period, you may | | loss to be borne by the insured |
| Fairfax | | have to pay a fee or penalty. | | before he is entitled to recovery from |
| Chandler | | However, you may still save money | | the insurer. |
| Springfield | | after paying the fee if your new policy | | |
| Williamsburg | | affords you significant savings. So | | Independent Agent: An agent |
| Pembroke Pines | | while it is best to wait until your | | operating as an independent |
| Owensboro | | receive your renewal notice, you CAN | | contractor under the independent |
| Corpus Christi | | cancel your policy at any time. | | agency system. |
