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| Dallas | | The quickest and easiest way to | | Insurance Policy: The printed form |
| Waterloo | | shop for new insurance is by | | which serves as the contract between |
| Wichita Falls | | comparing rates at InsWebs online | | an insurer and an insured. |
| Pasadena | | marketplace. If you do it the | | |
| Warwick | | old-fashioned way (by calling or | | Valued: Relating to an agreement by |
| Stockton | | visiting multiple agents or insurance | | an insurer to pay a specified amount |
| Acworth | | companies) it could take up a huge | | of money to or on behalf of the |
| Washington | | chunk of your time, which no one | | insured upon occurrence of a defined |
| Richmond | | wants or needs. By completing | | loss. |
| Brooklyn | | InsWebs online application, you will | | |
| Bethlehem | | have rates to compare to your old | | Absolute Assignment: Assignment by |
| Indianapolis | | ones within minutes! | | a policy owner of all control of and |
| Knoxville | | | | rights in the policy to a third party. |
| Grand Rapids | | While some companies raise their | | |
| Asheville | | prices based on your actual age, | | Shock Loss: A catastrophic loss so |
| El Cajon | | most companies increase the price of | | large that it has a material effect on |
| Palm Harbor | | their policies six months before your | | the underwriting results of a company. |
| Boca Raton | | birthday. Its a term called Age | | |
| Winter Park | | Nearest in the industry, and that | | Time Limits: The limits of time within |
| Panama City | | half-year price increase could really | | which notice of a claim and proof of a |
| Escondido | | add up over a 20-year term policy. As | | loss must be submitted. |
| Hemet | | above, the quicker you purchase your | | |
| Springfield | | policy the better. | | Accident Year Experience: Measures |
| Wichita Falls | | | | premiums and losses relating to |
| Canton | | If you decide to cancel your policy | | accidents which occurred during a |
| Cambridge | | (after acquiring new coverage) | | 12-month period. |
| Tulsa | | outside of the 30-day period, you may | | |
| Fremont | | have to pay a fee or penalty. | | Insurance Examiner: The |
| Johnstown | | However, you may still save money | | representative of a state insurance |
| Pueblo | | after paying the fee if your new policy | | department assigned to participate in |
| Modesto | | affords you significant savings. So | | the official audit and examination of |
| Greeley | | while it is best to wait until your | | an insurer. |
| Springfield | | receive your renewal notice, you CAN | | |
| Milwaukee | | cancel your policy at any time. | | Underwriters Laboratories, Inc. (UL): A |
| Tallahassee | | | | testing laboratory for manufactured |
| Seattle | | | | items to determine their safety |
| Asheville | | | | propensities. |
