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| Santa Monica | | Healthy people have the best | | Retrospective Premium: The final |
| Edmond | | mortality risks and thus are much | | premium in a retrospective rating |
| Greeley | | cheaper for companies to insure. This | | plan. See Retrospective Rating. |
| Ogden | | translates into lower rates for the | | |
| Cambridge | | Super Preferred customer than | | Line of Business: The classification of |
| Newark | | someone with higher risk factors such | | business as utilized in the insurance |
| Clarksville | | as a heart condition, cancer or | | industry, e.g., Fire, Allied Lines and |
| Santa Barbara | | diabetes. Conversely, if you were | | Homeowners. |
| Tuscaloosa | | unhealthy when you acquired your | | |
| Fort Wayne | | policy, and your health has now | | Shock Loss: A catastrophic loss so |
| Saginaw | | improved, it might be time to shop for | | large that it has a material effect on |
| Fort Lauderdale | | a new policy, as your rates are likely | | the underwriting results of a company. |
| Turlock | | to be lower. | | |
| Poughkeepsie | | | | Agent's Qualification Law: Education, |
| Pensacola | | While some companies raise their | | experience, and other requirements |
| Evansville | | prices based on your actual age, | | imposed by the state upon persons |
| Cookeville | | most companies increase the price of | | desiring to be licensed as agents. |
| Sioux Falls | | their policies six months before your | | |
| Biloxi | | birthday. Its a term called Age | | Fictitious Groups: Groups formed |
| Fresno | | Nearest in the industry, and that | | primarily for the purpose of buying |
| Odessa | | half-year price increase could really | | insurance. Under the law such groups |
| Buffalo | | add up over a 20-year term policy. As | | may not be underwritten. |
| Quincy | | above, the quicker you purchase your | | |
| Lowell | | policy the better. | | Inspection: Independent checking on |
| Trenton | | | | facts about an applicant, |
| North Hollywood | | If you have noticed that your auto | | policyholder, or claimant, usually by a |
| Monroe | | insurance rates are still increasing | | commercial inspection agency. |
| Muskegon | | with each renewal, or even have not | | |
| Alexandria | | gone down even though you have a | | Malinger: To feign a disability for the |
| Jacksonville | | great driving record, this lower pricing | | purpose of continuing to collect |
| Salt Lake City | | trend makes it more important then | | benefits longer than actually |
| Edmond | | ever that you shop around for auto | | necessary. |
| Fremont | | insurance. | | |
| Sacramento | | | | Not Taken: Policies applied for and |
| Clearwater | | | | issued but rejected by the proposed |
| Tacoma | | | | owner and not paid for. |
