| | | | |
|
| Ocala | | Why not take advantage of current | | License: A certification of authority for |
| Topeka | | low prices? Many auto insurance | | an agent or insurer to operate, given |
| Chandler | | consumers are becoming educated | | by the appropriate jurisdiction. |
| Newburgh | | on other companies, plans, and rates | | |
| Corpus Christi | | that are available to them; ones that | | Cut Rate: This term generally applies |
| Anaheim | | could afford them significant savings | | to insurance companies who charge |
| Mesa | | on their auto insurance. | | premiums below a normal or average |
| Green Bay | | | | rate. |
| Colorado Springs | | Make sure you have a new policy in | | |
| Santa Clara | | place before you cancel your old one | | Endorsement: A written or printed form |
| Johnson City | | to avoid a lapse in coverage. This will | | attached to the policy which alters |
| Spokane | | also prevent having to figure out the | | provisions of the contract. |
| Boise | | amount of any unused premium that is | | |
| Downey | | due to you from your old insurance | | Shock Loss: A catastrophic loss so |
| Rockville | | company, or having to spar with your | | large that it has a material effect on |
| Akron | | agent about exactly when your policy | | the underwriting results of a company. |
| Sioux City | | was cancelled and how much they | | |
| Livonia | | owe you. | | Commission of Authority: A document |
| Silver Spring | | | | outlining the powers delegated to an |
| Joliet | | Shopping around is the best way to | | agent by an insurer. |
| Olympia | | save money on your insurance. | | |
| Topeka | | | | Fiduciary: A person holding the funds |
| St. Louis | | If you have noticed that your auto | | or property of another in a position of |
| Longview | | insurance rates are still increasing | | trust. An example would be the |
| Belleville | | with each renewal, or even have not | | executor of an estate. |
| Cambridge | | gone down even though you have a | | |
| Cleveland | | great driving record, this lower pricing | | Expense Allowance: A compensation |
| Augusta | | trend makes it more important then | | paid to an insurance agent in excess |
| Ocala | | ever that you shop around for auto | | of prescribed commissions. |
| Lincoln | | insurance. | | |
| Boynton Beach | | | | Loss Frequency: The number of times |
| Tyler | | While some companies raise their | | a loss occurs over a specific period |
| Jonesboro | | prices based on your actual age, | | of time. |
| Naples | | most companies increase the price of | | |
| Sterling Heights | | their policies six months before your | | |
| Portland | | birthday. Its a term called Age | | |
| Olympia | | Nearest in the industry, and that | | |
| Santa Barbara | | half-year price increase could really | | |
| Cedar Rapids | | add up over a 20-year term policy. As | | |
| Hollywood | | above, the quicker you purchase your | | |
| Littleton | | policy the better. | | |
