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| Corona | | People who are trying to quit | | Retrospective Premium: The final |
| Vero Beach | | smoking, for example, might be best | | premium in a retrospective rating |
| Clearwater | | suited purchasing a shorter term (and | | plan. See Retrospective Rating. |
| Santa Ana | | then replacing it with a longer term | | |
| Troy | | policy when they qualify for | | New For Old: Replacing old |
| Columbia | | non-tobacco prices). | | damaged parts or equipment with |
| Worcester | | | | new ones rather than repairing them. |
| Billings | | Why not take advantage of current | | |
| Springfield | | low prices? Many auto insurance | | Gross Premium: The net premium |
| Sioux Falls | | consumers are becoming educated | | plus operating expenses, |
| Flushing | | on other companies, plans, and rates | | commissions and other expenses. |
| Gaithersburg | | that are available to them; ones that | | |
| Tucson | | could afford them significant savings | | Policywriting Agent: An agent who has |
| Council Bluffs | | on their auto insurance. | | the authority to prepare and effect an |
| Franklin | | | | insurer's policy. |
| Lakewood | | If you have noticed that your auto | | |
| Silver Spring | | insurance rates are still increasing | | Initial Premium: An amount paid at the |
| Waco | | with each renewal, or even have not | | inception of an insurance contract, |
| Wichita | | gone down even though you have a | | usually subject to adjustment at the |
| Vancouver | | great driving record, this lower pricing | | end of the policy period. |
| Manchester | | trend makes it more important then | | |
| St. Louis | | ever that you shop around for auto | | Deductible: The portion of an insured |
| Milwaukee | | insurance. | | loss to be borne by the insured |
| Duluth | | | | before he is entitled to recovery from |
| Cranston | | Healthy people have the best | | the insurer. |
| Rome | | mortality risks and thus are much | | |
| Tucson | | cheaper for companies to insure. This | | Malinger: To feign a disability for the |
| Toms River | | translates into lower rates for the | | purpose of continuing to collect |
| Conroe | | Super Preferred customer than | | benefits longer than actually |
| Boulder | | someone with higher risk factors such | | necessary. |
| Lexington | | as a heart condition, cancer or | | |
| Houma | | diabetes. Conversely, if you were | | Net Retention: The amount of |
| Wichita Falls | | unhealthy when you acquired your | | insurance that a ceding company |
| Rome | | policy, and your health has now | | keeps for its own account and does |
| Salt Lake City | | improved, it might be time to shop for | | not reinsure. |
| Longwood | | a new policy, as your rates are likely | | |
| Cambridge | | to be lower. | | |
