| | | | |
|
| Fredericksburg | | While some companies raise their | | Underinsurance: A condition in which |
| Newport News | | prices based on your actual age, | | not enough insurance is carried to |
| Owensboro | | most companies increase the price of | | cover the insurable value. |
| Kalamazoo | | their policies six months before your | | |
| Goldsboro | | birthday. Its a term called Age | | Flat Cancellation: A policy which is |
| Bay City | | Nearest in the industry, and that | | cancelled upon its effective date. |
| Dothan | | half-year price increase could really | | Usually under a flat cancellation no |
| Richmond | | add up over a 20-year term policy. As | | premium charge is made. |
| Honolulu | | above, the quicker you purchase your | | |
| Kalamazoo | | policy the better. | | Director of Insurance: A title used in |
| Nashville | | | | some states for the head of the |
| Carlsbad | | Why not take advantage of current | | department of insurance. |
| Schaumburg | | low prices? Many auto insurance | | |
| Portland | | consumers are becoming educated | | Policy Period (or Term): The period |
| Scranton | | on other companies, plans, and rates | | during which the policy contract |
| Morristown | | that are available to them; ones that | | affords protection, e.g., six months or |
| Columbia | | could afford them significant savings | | one or three years. |
| Spartanburg | | on their auto insurance. | | |
| Roanoke | | | | Loss Frequency: The number of times |
| Rome | | The best time to switch policies is | | a loss occurs over a specific period |
| Palm Desert | | within one month of receiving your | | of time. |
| Scranton | | policy renewal from your current | | |
| Union | | insurer. You can typically cancel your | | United States Aircraft Insurance |
| Scottsdale | | policy without any fees or penalties if | | Group: A group of insurers providing |
| Boulder | | you act within this time period. | | facilities for all forms of Aviation |
| Hattiesburg | | | | Insurance. |
| Texarkana | | Healthy people have the best | | |
| Shreveport | | mortality risks and thus are much | | Other Insurance: The existence of |
| Panama City | | cheaper for companies to insure. This | | other contracts covering the same |
| Naperville | | translates into lower rates for the | | interest and perils. |
| Daytona Beach | | Super Preferred customer than | | |
| Milwaukee | | someone with higher risk factors such | | Lloyd's Broker: A person who has the |
| Warren | | as a heart condition, cancer or | | authority to negotiate insurance |
| New York | | diabetes. Conversely, if you were | | contracts with the underwriters on the |
| Cedar Rapids | | unhealthy when you acquired your | | floor at Lloyd's. |
| Independence | | policy, and your health has now | | |
| Corona | | improved, it might be time to shop for | | |
| Worcester | | a new policy, as your rates are likely | | |
| Newburgh | | to be lower. | | |