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| Roanoke | | While some companies raise their | | Sherman Antitrust Act: An antitrust law |
| Harrisburg | | prices based on your actual age, | | from which insurance is exempted to |
| Buffalo | | most companies increase the price of | | the extent that it is regulated by state |
| Peoria | | their policies six months before your | | law. |
| Hot Springs | | birthday. Its a term called Age | | |
| Grand Prairie | | Nearest in the industry, and that | | Standard Industry Code (SIC): This is |
| Carlsbad | | half-year price increase could really | | a coding system which assigns |
| Denver | | add up over a 20-year term policy. As | | separate codes for different types of |
| Ogden | | above, the quicker you purchase your | | industries. |
| Lakewood | | policy the better. | | |
| Charlotte | | | | Commingling: An illegal practice |
| Belleville | | People who are trying to quit | | which occurs when an agent mixes |
| Fairfax | | smoking, for example, might be best | | personal funds with the insured's or |
| Orange | | suited purchasing a shorter term (and | | insurer's funds. |
| Grand Prairie | | then replacing it with a longer term | | |
| Oklahoma City | | policy when they qualify for | | Agent's License: A certificate of |
| Cape Coral | | non-tobacco prices). | | authority from the state which permits |
| Jackson | | | | the agent to conduct business. |
| Boulder | | If you decide to cancel your policy | | |
| Edison | | (after acquiring new coverage) | | Tariff Rate: A rate established by a |
| Mobile | | outside of the 30-day period, you may | | rating organization, which comes from |
| Ogden | | have to pay a fee or penalty. | | the tables, schedules and rules found |
| Baltimore | | However, you may still save money | | in the tariff of rates. |
| Sarasota | | after paying the fee if your new policy | | |
| Trenton | | affords you significant savings. So | | Partial Loss: A loss covered by an |
| Springfield | | while it is best to wait until your | | insurance policy which does not |
| Boca Raton | | receive your renewal notice, you CAN | | completely destroy or render |
| Daytona Beach | | cancel your policy at any time. | | worthless the insured property. |