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| Hot Springs | | Individuals who have 30-year | | Lloyd's Broker: A person who has the |
| Hickory | | mortgages might want to consider a | | authority to negotiate insurance |
| Pompano Beach | | 30-year term to ensure that the house | | contracts with the underwriters on the |
| Greensboro | | is protected throughout the period of | | floor at Lloyd's. |
| Reading | | the loan. | | |
| Riverside | | | | Operating Expense: The expense of |
| Tempe | | If you have noticed that your auto | | an insurer other than commissions |
| Woodbridge | | insurance rates are still increasing | | and taxes. Called " and Insurance |
| Stamford | | with each renewal, or even have not | | Expense" in the convention statement |
| Pensacola | | gone down even though you have a | | blank. |
| Gulfport | | great driving record, this lower pricing | | |
| Bellevue | | trend makes it more important then | | Depreciation: A decrease in the value |
| Dayton | | ever that you shop around for auto | | of any type of tangible property over |
| Chula Vista | | insurance. | | a period of time resulting from use, |
| Roanoke | | | | wear and tear, or obsolescence. |
| Frederick | | Healthy people have the best | | |
| Tyler | | mortality risks and thus are much | | Shock Loss: A catastrophic loss so |
| Rockville | | cheaper for companies to insure. This | | large that it has a material effect on |
| Birmingham | | translates into lower rates for the | | the underwriting results of a company. |
| Schaumburg | | Super Preferred customer than | | |
| Lafayette | | someone with higher risk factors such | | Liquidity: The ability of an insurer to |
| Santa Barbara | | as a heart condition, cancer or | | convert its assets into cash to pay |
| Council Bluffs | | diabetes. Conversely, if you were | | claims if necessary. |
| Erie | | unhealthy when you acquired your | | |
| West Chester | | policy, and your health has now | | Borderline Risk: An insurance |
| Charleston | | improved, it might be time to shop for | | prospect of doubtful quality from an |
| Decatur | | a new policy, as your rates are likely | | underwriting point of view. |
| Plano | | to be lower. | | |
| Pompano Beach | | | | Net Interest Earned: The average |
| Memphis | | While some companies raise their | | interest earned by an insurer on its |
| Newark | | prices based on your actual age, | | investments after investment expense |
| Cape Coral | | most companies increase the price of | | but before federal income taxes. |
| Turlock | | their policies six months before your | | |
| Trenton | | birthday. Its a term called Age | | Absolute Assignment: Assignment by |
| Eugene | | Nearest in the industry, and that | | a policy owner of all control of and |
| White Plains | | half-year price increase could really | | rights in the policy to a third party. |
| Savannah | | add up over a 20-year term policy. As | | |
| Baltimore | | above, the quicker you purchase your | | |
| Billings | | policy the better. | | |
