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| Toledo | | The best time to switch policies is | | Retrospective Premium: The final |
| Florissant | | within one month of receiving your | | premium in a retrospective rating |
| Worcester | | policy renewal from your current | | plan. See Retrospective Rating. |
| Montgomery | | insurer. You can typically cancel your | | |
| St. Louis | | policy without any fees or penalties if | | Malicious Mischief: Similar to |
| Davenport | | you act within this time period. | | vandalism. Purposely damaging the |
| Sacramento | | | | rights or property of another. |
| Hollywood | | While some companies raise their | | |
| Lowell | | prices based on your actual age, | | Lloyd's Broker: A person who has the |
| Long Beach | | most companies increase the price of | | authority to negotiate insurance |
| Lawrenceville | | their policies six months before your | | contracts with the underwriters on the |
| Naperville | | birthday. Its a term called Age | | floor at Lloyd's. |
| Palm Harbor | | Nearest in the industry, and that | | |
| Goldsboro | | half-year price increase could really | | Convention Values: Values assigned |
| Fort Worth | | add up over a 20-year term policy. As | | to insurers' assets in the convention |
| Orange Park | | above, the quicker you purchase your | | blank. |
| Thousand Oaks | | policy the better. | | |
| Hartford | | | | Criticism: A correction suggested by a |
| Columbus | | Why not take advantage of current | | rating or auditing bureau to an insurer. |
| Vero Beach | | low prices? Many auto insurance | | |
| Newark | | consumers are becoming educated | | Indemnity: Restoration to the victim of |
| Charlotte | | on other companies, plans, and rates | | a loss by payment, repair, or |
| Midland | | that are available to them; ones that | | replacement. |
| Dallas | | could afford them significant savings | | |
| Dothan | | on their auto insurance. | | Gross Line: The total limit accepted |
| Yonkers | | | | by an insurer on an individual risk, |
| Boulder | | Healthy people have the best | | including the amount to be reinsured. |
| Killeen | | mortality risks and thus are much | | |
| Bloomington | | cheaper for companies to insure. This | | Premium Notice: A form notice from |
| Delray Beach | | translates into lower rates for the | | an insurer or agency to a policy |
| San Francisco | | Super Preferred customer than | | owner that a premium will be due on a |
| Jonesboro | | someone with higher risk factors such | | given date. |
| St. Paul | | as a heart condition, cancer or | | |
| Santa Ana | | diabetes. Conversely, if you were | | Underinsurance: A condition in which |
| Warren | | unhealthy when you acquired your | | not enough insurance is carried to |
| Boulder | | policy, and your health has now | | cover the insurable value. |
| Santa Monica | | improved, it might be time to shop for | | |
| Walnut Creek | | a new policy, as your rates are likely | | |
| Tempe | | to be lower. | | |
