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| Albuquerque | | Make sure you have a new policy in | | Buy-Back" Deductible: A deductible |
| Carlsbad | | place before you cancel your old one | | which may be eliminated for an |
| Gaithersburg | | to avoid a lapse in coverage. This will | | additional premium in order to |
| Columbus | | also prevent having to figure out the | | provide "first-dollar" coverage. |
| Spokane | | amount of any unused premium that is | | |
| Hot Springs | | due to you from your old insurance | | Initial Premium: An amount paid at the |
| Englewood | | company, or having to spar with your | | inception of an insurance contract, |
| Tuscaloosa | | agent about exactly when your policy | | usually subject to adjustment at the |
| Lafayette | | was cancelled and how much they | | end of the policy period. |
| White Plains | | owe you. | | |
| Grand Prairie | | | | Overlapping Insurance: Coverage |
| Akron | | Individuals who have 30-year | | from two or more policies or insurers |
| Beaumont | | mortgages might want to consider a | | which duplicates coverage of certain |
| Waterloo | | 30-year term to ensure that the house | | risks. |
| Grand Rapids | | is protected throughout the period of | | |
| Oklahoma City | | the loan. | | United States Aircraft Insurance |
| Chandler | | | | Group: A group of insurers providing |
| Norfolk | | If you have noticed that your auto | | facilities for all forms of Aviation |
| Providence | | insurance rates are still increasing | | Insurance. |
| Oakland | | with each renewal, or even have not | | |
| Fullerton | | gone down even though you have a | | Claim Report: A report filed by an |
| Rome | | great driving record, this lower pricing | | agent setting forth the facts of a claim. |
| Nashville | | trend makes it more important then | | Same as Loss Report. |
| Edmond | | ever that you shop around for auto | | |
| Detroit | | insurance. | | Open Rating: A system whereby a |
| Jacksonville | | | | state allows an insurer to use rates |
| Belleville | | Everyone has different needs, and | | without prior approval. |
| Tyler | | not one size fits all when it comes to | | |
| Springfield | | term life insurance. While it may make | | Burning Ratio: The ratio of losses |
| Quincy | | sense for people in their 30s and 40s | | suffered to the amount of insurance in |
| Sterling Heights | | to secure a 20-year term length, a | | effect. |
| Santa Ana | | 10-year term might be more | | |
| Denton | | appropriate for someone nearing | | American Risk and Insurance |
| Naples | | retirement. | | Association: An association of |
| Slidell | | | | insurance educators and others |
| Morristown | | | | interested in insurance study and |
| Bethlehem | | | | research. |
