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| Belleville | | Make sure you have a new policy in | | Liquidity: The ability of an insurer to |
| Rockford | | place before you cancel your old one | | convert its assets into cash to pay |
| Myrtle Beach | | to avoid a lapse in coverage. This will | | claims if necessary. |
| Grand Rapids | | also prevent having to figure out the | | |
| Warwick | | amount of any unused premium that is | | Single Limit: Any insurance coverage |
| Warren | | due to you from your old insurance | | which is expressed as a single |
| Edmond | | company, or having to spar with your | | amount of insurance, or a single limit |
| Mountain View | | agent about exactly when your policy | | of liability. Contrast with Split Limit. |
| Beaumont | | was cancelled and how much they | | |
| Racine | | owe you. | | Captive Agent: One who sells |
| Anchorage | | | | insurance for only one company as |
| Salt Lake City | | The quickest and easiest way to | | opposed to an agent who represents |
| Conroe | | shop for new insurance is by | | several companies. |
| Owensboro | | comparing rates at InsWebs online | | |
| Cincinnati | | marketplace. If you do it the | | Substandard Risk: A risk not |
| Stockton | | old-fashioned way (by calling or | | measuring up to underwriting |
| Vineland | | visiting multiple agents or insurance | | standards. It may still be written but |
| Hattiesburg | | companies) it could take up a huge | | usually at a surcharged premium. |
| Beaumont | | chunk of your time, which no one | | |
| Tampa | | wants or needs. By completing | | Net Retention: The amount of |
| Canton | | InsWebs online application, you will | | insurance that a ceding company |
| Greeley | | have rates to compare to your old | | keeps for its own account and does |
| Fremont | | ones within minutes! | | not reinsure. |
