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| Fairfax | | Make sure you have a new policy in | | Provisional Rate: Tentative rates, |
| Hartford | | place before you cancel your old one | | premiums or commissions that are |
| Longmont | | to avoid a lapse in coverage. This will | | subject to subsequent adjustment. |
| Portland | | also prevent having to figure out the | | See Commission and Premium. |
| Lafayette | | amount of any unused premium that is | | |
| Alameda | | due to you from your old insurance | | Brick Veneer Construction: Refers to |
| Midland | | company, or having to spar with your | | a building where the outside walls are |
| San Francisco | | agent about exactly when your policy | | constructed of wood with a facing of a |
| Grand Rapids | | was cancelled and how much they | | single layer of brick. |
| Plano | | owe you. | | |
| Rapid City | | | | Producer: A term applied to an agent, |
| South Bend | | If you decide to cancel your policy | | solicitor or other person who sells |
| Longmont | | (after acquiring new coverage) | | insurance. |
| Charlotte | | outside of the 30-day period, you may | | |
| Cedar Rapids | | have to pay a fee or penalty. | | Line of Business: The classification of |
| Yuma | | However, you may still save money | | business as utilized in the insurance |
| Quincy | | after paying the fee if your new policy | | industry, e.g., Fire, Allied Lines and |
| Corpus Christi | | affords you significant savings. So | | Homeowners. |
| San Antonio | | while it is best to wait until your | | |
| Augusta | | receive your renewal notice, you CAN | | Commission of Authority: A document |
| Downey | | cancel your policy at any time. | | outlining the powers delegated to an |
| Abilene | | | | agent by an insurer. |
| El Paso | | Individuals who have 30-year | | |
| Schaumburg | | mortgages might want to consider a | | Claim Report: A report filed by an |
| Thousand Oaks | | 30-year term to ensure that the house | | agent setting forth the facts of a claim. |
| Cape Coral | | is protected throughout the period of | | Same as Loss Report. |
| Jackson | | the loan. | | |
| Chicago | | | | Basic Rate: The manual rate from |
| Carlsbad | | People who are trying to quit | | which discounts are taken or to which |
| Canton | | smoking, for example, might be best | | charges are added to reflect the |
| Warwick | | suited purchasing a shorter term (and | | individual circumstances of a risk. |
| Killeen | | then replacing it with a longer term | | |
| Reno | | policy when they qualify for | | Admitted Company: An insurance |
| Roanoke | | non-tobacco prices). | | company authorized and licensed to |
| Biloxi | | | | do business in a given state. |
