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| Vineland | | Healthy people have the best | | Claim Expense: The expense of |
| Shreveport | | mortality risks and thus are much | | adjusting a claim, such as |
| Norwalk | | cheaper for companies to insure. This | | investigation and attorneys' fees. It |
| Portland | | translates into lower rates for the | | does not include the cost of the claim |
| Albany | | Super Preferred customer than | | itself. |
| Evanston | | someone with higher risk factors such | | |
| Spartanburg | | as a heart condition, cancer or | | Accident Year Experience: Measures |
| Flushing | | diabetes. Conversely, if you were | | premiums and losses relating to |
| Garland | | unhealthy when you acquired your | | accidents which occurred during a |
| Fayetteville | | policy, and your health has now | | 12-month period. |
| Long Beach | | improved, it might be time to shop for | | |
| Toms River | | a new policy, as your rates are likely | | Renewal: The reestablishment of the |
| Hollywood | | to be lower. | | in-force status of a policy, the term of |
| Nashville | | | | which has expired or will expire |
| Quincy | | If you have noticed that your auto | | unless it is renewed. |
| Lafayette | | insurance rates are still increasing | | |
| Odessa | | with each renewal, or even have not | | Divided Cover: The placing of |
| Erie | | gone down even though you have a | | insurance on a given subject or |
| Fort Collins | | great driving record, this lower pricing | | object with more than one insurer. |
| Carlsbad | | trend makes it more important then | | |
| Memphis | | ever that you shop around for auto | | Standard Industry Code (SIC): This is |
| Huntsville | | insurance. | | a coding system which assigns |
| Chicago | | | | separate codes for different types of |
| Winter Park | | While some companies raise their | | industries. |
| Escondido | | prices based on your actual age, | | |
| Aurora | | most companies increase the price of | | Retrospective Premium: The final |
| Plano | | their policies six months before your | | premium in a retrospective rating |
| Milwaukee | | birthday. Its a term called Age | | plan. See Retrospective Rating. |
| Durham | | Nearest in the industry, and that | | |
| Springfield | | half-year price increase could really | | Flat Cancellation: A policy which is |
| Turlock | | add up over a 20-year term policy. As | | cancelled upon its effective date. |
| Naperville | | above, the quicker you purchase your | | Usually under a flat cancellation no |
| Costa Mesa | | policy the better. | | premium charge is made. |
