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| Rochester | | Individuals who have 30-year | | Shock Loss: A catastrophic loss so |
| Tallahassee | | mortgages might want to consider a | | large that it has a material effect on |
| Albuquerque | | 30-year term to ensure that the house | | the underwriting results of a company. |
| Pompano Beach | | is protected throughout the period of | | |
| Carlsbad | | the loan. | | Amendment: A formal document |
| Little Rock | | | | which corrects or revises an |
| Sarasota | | Make sure you have a new policy in | | insurance master policy. |
| Kansas City | | place before you cancel your old one | | |
| San Francisco | | to avoid a lapse in coverage. This will | | Insolvent Insurer: An insurer which is |
| Evanston | | also prevent having to figure out the | | unable to meet its financial |
| Monroe | | amount of any unused premium that is | | obligations. |
| Cape Coral | | due to you from your old insurance | | |
| Chicago | | company, or having to spar with your | | Incurred Expense: Expenses not yet |
| Harrisburg | | agent about exactly when your policy | | paid. Can also include paid |
| Escondido | | was cancelled and how much they | | expenses in some accounting |
| Reno | | owe you. | | systems. |