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| Ocala | | If you decide to cancel your policy | | Buy-Back" Deductible: A deductible |
| Florence | | (after acquiring new coverage) | | which may be eliminated for an |
| Harrisburg | | outside of the 30-day period, you may | | additional premium in order to |
| Colorado Springs | | have to pay a fee or penalty. | | provide "first-dollar" coverage. |
| Cherry Hill | | However, you may still save money | | |
| Yonkers | | after paying the fee if your new policy | | Convention Values: Values assigned |
| Roanoke | | affords you significant savings. So | | to insurers' assets in the convention |
| Palm Harbor | | while it is best to wait until your | | blank. |
| Columbus | | receive your renewal notice, you CAN | | |
| Hampton | | cancel your policy at any time. | | Mutualization: The process of |
| Cypress | | | | converting a stock insurer to a mutual |
| Des Moines | | Why not take advantage of current | | insurer, accomplished by having the |
| Lancaster | | low prices? Many auto insurance | | insurer buy stock and retire it. |
| Coral Springs | | consumers are becoming educated | | |
| Conroe | | on other companies, plans, and rates | | Indemnify: To restore the victim of a |
| Dallas | | that are available to them; ones that | | loss to the same position as before |
| Green Bay | | could afford them significant savings | | the loss occurred. |
| Cape Coral | | on their auto insurance. | | |
| Edmond | | | | New For Old: Replacing old |
| Hickory | | Everyone has different needs, and | | damaged parts or equipment with |
| Evanston | | not one size fits all when it comes to | | new ones rather than repairing them. |
| Greensboro | | term life insurance. While it may make | | |
| Sioux City | | sense for people in their 30s and 40s | | Shock Loss: A catastrophic loss so |
| Knoxville | | to secure a 20-year term length, a | | large that it has a material effect on |
| Lakeland | | 10-year term might be more | | the underwriting results of a company. |
| Cranston | | appropriate for someone nearing | | |
| Irvine | | retirement. | | Policywriting Agent: An agent who has |
| Clarksville | | | | the authority to prepare and effect an |
| Hollywood | | Healthy people have the best | | insurer's policy. |
| Union | | mortality risks and thus are much | | |
| Boise | | cheaper for companies to insure. This | | Captive Agent: One who sells |
| Columbia | | translates into lower rates for the | | insurance for only one company as |
| Green Bay | | Super Preferred customer than | | opposed to an agent who represents |
| Pasadena | | someone with higher risk factors such | | several companies. |
| Clearwater | | as a heart condition, cancer or | | |
| Fayetteville | | diabetes. Conversely, if you were | | |
| Texarkana | | unhealthy when you acquired your | | |
| Washington | | policy, and your health has now | | |
| Dubuque | | improved, it might be time to shop for | | |
| Mesquite | | a new policy, as your rates are likely | | |
| Lake Worth | | to be lower. | | |
