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| Pasadena | | Why not take advantage of current | | Buy-Back" Deductible: A deductible |
| Sioux City | | low prices? Many auto insurance | | which may be eliminated for an |
| Fort Lauderdale | | consumers are becoming educated | | additional premium in order to |
| Columbia | | on other companies, plans, and rates | | provide "first-dollar" coverage. |
| Cherry Hill | | that are available to them; ones that | | |
| Philadelphia | | could afford them significant savings | | Agency Contract (or Agreement): The |
| Anderson | | on their auto insurance. | | document which establishes the legal |
| Louisville | | | | relationship between an agent and an |
| Tempe | | Everyone has different needs, and | | insurer. |
| Dearborn | | not one size fits all when it comes to | | |
| Dayton | | term life insurance. While it may make | | Effective Date: The date on which the |
| Coral Springs | | sense for people in their 30s and 40s | | protection of an insurance policy or |
| San Francisco | | to secure a 20-year term length, a | | bond goes into effect. |
| Lakewood | | 10-year term might be more | | |
| Charleston | | appropriate for someone nearing | | Malinger: To feign a disability for the |
| Slidell | | retirement. | | purpose of continuing to collect |
| Orange | | | | benefits longer than actually |
| Indianapolis | | If you have noticed that your auto | | necessary. |
| Winter Haven | | insurance rates are still increasing | | |
| Orange Park | | with each renewal, or even have not | | Liquidity: The ability of an insurer to |
| Richmond | | gone down even though you have a | | convert its assets into cash to pay |
| Flushing | | great driving record, this lower pricing | | claims if necessary. |
| Newburgh | | trend makes it more important then | | |
| Davenport | | ever that you shop around for auto | | Basic Rate: The manual rate from |
| Columbus | | insurance. | | which discounts are taken or to which |
| Ann Arbor | | | | charges are added to reflect the |
| Beaumont | | While some companies raise their | | individual circumstances of a risk. |
| Lorain | | prices based on your actual age, | | |
| Columbia | | most companies increase the price of | | Accident Year Experience: Measures |
| Stamford | | their policies six months before your | | premiums and losses relating to |
| Schaumburg | | birthday. Its a term called Age | | accidents which occurred during a |
| San Antonio | | Nearest in the industry, and that | | 12-month period. |
| Turlock | | half-year price increase could really | | |
| Hattiesburg | | add up over a 20-year term policy. As | | Theory of Probability: The |
| Madison | | above, the quicker you purchase your | | mathematical principle upon which |
| Marietta | | policy the better. | | insurance is based. |
