| | | | |
|
| Newport Beach | | If you have noticed that your auto | | Policy Period (or Term): The period |
| Aurora | | insurance rates are still increasing | | during which the policy contract |
| Tempe | | with each renewal, or even have not | | affords protection, e.g., six months or |
| Honolulu | | gone down even though you have a | | one or three years. |
| Austin | | great driving record, this lower pricing | | |
| Bradenton | | trend makes it more important then | | Collusion: An agreement, usually |
| Chattanooga | | ever that you shop around for auto | | secret, between two or more persons |
| Thousand Oaks | | insurance. | | to defraud or deprive another or |
| Anderson | | | | others of their property or rights. |
| Tucson | | If you decide to cancel your policy | | |
| San Jose | | (after acquiring new coverage) | | Dual Life Stock Company: A stock |
| Killeen | | outside of the 30-day period, you may | | Life insurer issuing both participating |
| Dearborn | | have to pay a fee or penalty. | | and nonparticipating policy contracts. |
| Ann Arbor | | However, you may still save money | | |
| Irving | | after paying the fee if your new policy | | Broker of Record: A broker who has |
| Roanoke | | affords you significant savings. So | | been designated to handle certain |
| Grand Prairie | | while it is best to wait until your | | insurance contracts for the |
| Sioux City | | receive your renewal notice, you CAN | | policyholder. |
| Evansville | | cancel your policy at any time. | | |
| Lexington | | | | Net Retention: The amount of |
| York | | The quickest and easiest way to | | insurance that a ceding company |
| Huntsville | | shop for new insurance is by | | keeps for its own account and does |
| Union | | comparing rates at InsWebs online | | not reinsure. |
| Henderson | | marketplace. If you do it the | | |
| Columbus | | old-fashioned way (by calling or | | Sole Proprietorship: A business |
| Silver Spring | | visiting multiple agents or insurance | | enterprise owned by one person who |
| Lorain | | companies) it could take up a huge | | is its manager and employee. |
| Boynton Beach | | chunk of your time, which no one | | |
| Dayton | | wants or needs. By completing | | Tickler: A reminder system used to |
| Fort Smith | | InsWebs online application, you will | | call an individual's attention to actions |
| Greensboro | | have rates to compare to your old | | that must be taken at a future point in |
| Bloomington | | ones within minutes! | | time. |
