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| Cherry Hill | | Everyone has different needs, and | | Policywriting Agent: An agent who has |
| Johnstown | | not one size fits all when it comes to | | the authority to prepare and effect an |
| Huntsville | | term life insurance. While it may make | | insurer's policy. |
| Midland | | sense for people in their 30s and 40s | | |
| Davenport | | to secure a 20-year term length, a | | Director of Insurance: A title used in |
| Tulsa | | 10-year term might be more | | some states for the head of the |
| Clarksville | | appropriate for someone nearing | | department of insurance. |
| Las Vegas | | retirement. | | |
| Mesquite | | | | Level Commission System: A system |
| Stamford | | At InsWeb, you can compare free | | of commissions in which the first year |
| Fayetteville | | online insurance quotes from many of | | and all renewal commissions are the |
| Flint | | the nations leading insurance | | same percentage of the premium. |
| Marietta | | companies. | | |
| Lawton | | | | Agency Contract (or Agreement): The |
| Spartanburg | | If you decide to cancel your policy | | document which establishes the legal |
| Green Bay | | (after acquiring new coverage) | | relationship between an agent and an |
| Conroe | | outside of the 30-day period, you may | | insurer. |
| Lexington | | have to pay a fee or penalty. | | |
| Little Rock | | However, you may still save money | | Preferred Risk: Any risk considered |
| Edison | | after paying the fee if your new policy | | to be better than the standard risk on |
| Hattiesburg | | affords you significant savings. So | | which the premium rate was |
| Lincoln | | while it is best to wait until your | | calculated. |
| Wilmington | | receive your renewal notice, you CAN | | |
| Harlingen | | cancel your policy at any time. | | Insolvent Insurer: An insurer which is |
| Turlock | | | | unable to meet its financial |
| Duluth | | If you have noticed that your auto | | obligations. |
| San Bernardino | | insurance rates are still increasing | | |
| Mobile | | with each renewal, or even have not | | Short Rate Premium: The premium |
| Fayetteville | | gone down even though you have a | | required for issuing a policy for a |
| Santa Rosa | | great driving record, this lower pricing | | period less than its normal term. |
| Toms River | | trend makes it more important then | | |
| Lexington | | ever that you shop around for auto | | Partial Loss: A loss covered by an |
| West Chester | | insurance. | | insurance policy which does not |
| Fort Worth | | | | completely destroy or render |
| Orange Park | | | | worthless the insured property. |
