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| Bradenton | | Make sure you have a new policy in | | Preferred Risk: Any risk considered |
| Scranton | | place before you cancel your old one | | to be better than the standard risk on |
| Los Angeles | | to avoid a lapse in coverage. This will | | which the premium rate was |
| Denton | | also prevent having to figure out the | | calculated. |
| Harlingen | | amount of any unused premium that is | | |
| Tucson | | due to you from your old insurance | | Submitted Business: Applications for |
| Fort Smith | | company, or having to spar with your | | insurance submitted to an insurer but |
| Longmont | | agent about exactly when your policy | | not yet acted upon by it. |
| Columbia | | was cancelled and how much they | | |
| Melbourne | | owe you. | | Gross Line: The total limit accepted |
| Pittsburgh | | | | by an insurer on an individual risk, |
| Franklin | | The quickest and easiest way to | | including the amount to be reinsured. |
| Fort Smith | | shop for new insurance is by | | |
| Des Moines | | comparing rates at InsWebs online | | Nonassignable: A policy that the |
| Tacoma | | marketplace. If you do it the | | owner cannot assign to a third party. |
| Sarasota | | old-fashioned way (by calling or | | Most policies are nonassignable |
| York | | visiting multiple agents or insurance | | unless approval is given by the |
| Wichita | | companies) it could take up a huge | | insurer. |
| Wilmington | | chunk of your time, which no one | | |
| Fort Smith | | wants or needs. By completing | | Single Limit: Any insurance coverage |
| Hattiesburg | | InsWebs online application, you will | | which is expressed as a single |
| Long Island City | | have rates to compare to your old | | amount of insurance, or a single limit |
| Lake Worth | | ones within minutes! | | of liability. Contrast with Split Limit. |
