| | | | |
|
| Muskegon | | People who are trying to quit | | Partial Loss: A loss covered by an |
| Stockbridge | | smoking, for example, might be best | | insurance policy which does not |
| Raleigh | | suited purchasing a shorter term (and | | completely destroy or render |
| Birmingham | | then replacing it with a longer term | | worthless the insured property. |
| York | | policy when they qualify for | | |
| Belleville | | non-tobacco prices). | | Losses Incurred: The total losses, |
| Spokane | | | | whether paid or not, sustained by an |
| Wichita | | Healthy people have the best | | insurer during a given period, e.g., 12 |
| Newport News | | mortality risks and thus are much | | months. |
| Staten Island | | cheaper for companies to insure. This | | |
| Naperville | | translates into lower rates for the | | Submitted Business: Applications for |
| Fremont | | Super Preferred customer than | | insurance submitted to an insurer but |
| North Hollywood | | someone with higher risk factors such | | not yet acted upon by it. |
| Acworth | | as a heart condition, cancer or | | |
| Cedar Rapids | | diabetes. Conversely, if you were | | Shock Loss: A catastrophic loss so |
| Littleton | | unhealthy when you acquired your | | large that it has a material effect on |
| Flushing | | policy, and your health has now | | the underwriting results of a company. |
| Frederick | | improved, it might be time to shop for | | |
| Edison | | a new policy, as your rates are likely | | Not Taken: Policies applied for and |
| Fort Myers | | to be lower. | | issued but rejected by the proposed |
| Waterloo | | | | owner and not paid for. |
| Newburgh | | The quickest and easiest way to | | |
| Irving | | shop for new insurance is by | | Other Insurance: The existence of |
| Panama City | | comparing rates at InsWebs online | | other contracts covering the same |
| Denton | | marketplace. If you do it the | | interest and perils. |
| Portland | | old-fashioned way (by calling or | | |
| Houma | | visiting multiple agents or insurance | | Insurance Examiner: The |
| Henderson | | companies) it could take up a huge | | representative of a state insurance |
| Rome | | chunk of your time, which no one | | department assigned to participate in |
| Tacoma | | wants or needs. By completing | | the official audit and examination of |
| Anderson | | InsWebs online application, you will | | an insurer. |
| Springfield | | have rates to compare to your old | | |
| Mansfield | | ones within minutes! | | Calendar Year Experience: This |
| Bayside | | | | measures the premiums and losses |
| Edmond | | | | entered on accounting records during |
| Denton | | | | the 12-month calendar. |
