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| Springfield | | Shopping around is the best way to | | Brokerage Department: A department |
| Riverside | | save money on your insurance. | | of an insurer whose purpose is to |
| Kingsport | | | | deal with brokers in the placing of |
| Manchester | | Healthy people have the best | | insurance. |
| Houma | | mortality risks and thus are much | | |
| Saginaw | | cheaper for companies to insure. This | | Convention Values: Values assigned |
| Monroe | | translates into lower rates for the | | to insurers' assets in the convention |
| Stockton | | Super Preferred customer than | | blank. |
| Fort Wayne | | someone with higher risk factors such | | |
| Youngstown | | as a heart condition, cancer or | | Notice of Cancellation: Written notice |
| El Cajon | | diabetes. Conversely, if you were | | by an insurer of intent to cancel |
| Dearborn | | unhealthy when you acquired your | | insurance, or written notice by an |
| Sacramento | | policy, and your health has now | | insured requesting cancellation. |
| Ogden | | improved, it might be time to shop for | | |
| Brooklyn | | a new policy, as your rates are likely | | Commingling: An illegal practice |
| Delray Beach | | to be lower. | | which occurs when an agent mixes |
| Plano | | | | personal funds with the insured's or |
| Irvine | | People who are trying to quit | | insurer's funds. |
| Kalamazoo | | smoking, for example, might be best | | |
| Waco | | suited purchasing a shorter term (and | | Loss Adjustment Expense: The cost |
| Owensboro | | then replacing it with a longer term | | of adjusting losses, excluding the |
| Valdosta | | policy when they qualify for | | amount of the loss itself. |
| Bay City | | non-tobacco prices). | | |
| Alpharetta | | | | Incurred Expense: Expenses not yet |
| Jonesboro | | The quickest and easiest way to | | paid. Can also include paid |
| Warwick | | shop for new insurance is by | | expenses in some accounting |
| Colorado Springs | | comparing rates at InsWebs online | | systems. |
| Rochester | | marketplace. If you do it the | | |
| Orlando | | old-fashioned way (by calling or | | Replacement: A new policy written to |
| Burbank | | visiting multiple agents or insurance | | take the place of one currently in force. |
| Hickory | | companies) it could take up a huge | | |
| Torrance | | chunk of your time, which no one | | Admitted Company: An insurance |
| Davenport | | wants or needs. By completing | | company authorized and licensed to |
| Fort Worth | | InsWebs online application, you will | | do business in a given state. |
| Hot Springs | | have rates to compare to your old | | |
| Sunnyvale | | ones within minutes! | | |
