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| Boston | | At InsWeb, you can compare free | | Theory of Probability: The |
| Evansville | | online insurance quotes from many of | | mathematical principle upon which |
| Portland | | the nations leading insurance | | insurance is based. |
| Syracuse | | companies. | | |
| Aurora | | | | Loss Adjustment Expense: The cost |
| Monroe | | If you decide to cancel your policy | | of adjusting losses, excluding the |
| Corpus Christi | | (after acquiring new coverage) | | amount of the loss itself. |
| Palm Harbor | | outside of the 30-day period, you may | | |
| Springfield | | have to pay a fee or penalty. | | Collusion: An agreement, usually |
| Ocala | | However, you may still save money | | secret, between two or more persons |
| Abilene | | after paying the fee if your new policy | | to defraud or deprive another or |
| Birmingham | | affords you significant savings. So | | others of their property or rights. |
| Oklahoma City | | while it is best to wait until your | | |
| Kalamazoo | | receive your renewal notice, you CAN | | Appraisal: An evaluation of property |
| Columbia | | cancel your policy at any time. | | made to ascertain either the |
| Longmont | | | | appropriate amount of insurance to |
| Lake Worth | | The quickest and easiest way to | | be written or the amount of loss to be |
| Riverside | | shop for new insurance is by | | paid. |
| Harlingen | | comparing rates at InsWebs online | | |
| Santa Clara | | marketplace. If you do it the | | Mutualization: The process of |
| Naperville | | old-fashioned way (by calling or | | converting a stock insurer to a mutual |
| Boulder | | visiting multiple agents or insurance | | insurer, accomplished by having the |
| Melbourne | | companies) it could take up a huge | | insurer buy stock and retire it. |
| Cambridge | | chunk of your time, which no one | | |
| Baton Rouge | | wants or needs. By completing | | Valuation Clause: A clause stating the |
| Daytona Beach | | InsWebs online application, you will | | value of items for insurance |
| Staten Island | | have rates to compare to your old | | purposes, making it a valued policy. |
| Burbank | | ones within minutes! | | |
| West Palm Beach | | | | Brokerage Department: A department |
| New York | | Individuals who have 30-year | | of an insurer whose purpose is to |
| Greenville | | mortgages might want to consider a | | deal with brokers in the placing of |
| Virginia Beach | | 30-year term to ensure that the house | | insurance. |
| Warwick | | is protected throughout the period of | | |
| Jasper | | the loan. | | Independent Agent: An agent |
| Little Rock | | | | operating as an independent |
| Charleston | | | | contractor under the independent |
| Oceanside | | | | agency system. |