| | | | |
|
| Fredericksburg | | If you decide to cancel your policy | | Flat Cancellation: A policy which is |
| Arlington | | (after acquiring new coverage) | | cancelled upon its effective date. |
| Tuscaloosa | | outside of the 30-day period, you may | | Usually under a flat cancellation no |
| Dearborn | | have to pay a fee or penalty. | | premium charge is made. |
| Dothan | | However, you may still save money | | |
| Huntington | | after paying the fee if your new policy | | Net Loss: The amount of loss |
| Orange Park | | affords you significant savings. So | | sustained by an insurer after giving |
| El Cajon | | while it is best to wait until your | | effect to all applicable reinsurance, |
| Norfolk | | receive your renewal notice, you CAN | | salvage, and subrogation recoveries. |
| Tucson | | cancel your policy at any time. | | |
| Waco | | | | Producer: A term applied to an agent, |
| Irvine | | If you have noticed that your auto | | solicitor or other person who sells |
| Jonesboro | | insurance rates are still increasing | | insurance. |
| Overland Park | | with each renewal, or even have not | | |
| Huntington Beach | | gone down even though you have a | | Legislative Risk: A risk faced by |
| Chandler | | great driving record, this lower pricing | | investors whereby changes in tax |
| Fresno | | trend makes it more important then | | laws can result in adverse effects on |
| Canton | | ever that you shop around for auto | | the individual's investment results. |
| Myrtle Beach | | insurance. | | |
| Stuart | | | | Agency Company: An insurance |
| Ocala | | Healthy people have the best | | company that produces business |
| Tempe | | mortality risks and thus are much | | through an agency network. Contrast |
| Palo Alto | | cheaper for companies to insure. This | | with Direct Writer. |
| Cambridge | | translates into lower rates for the | | |
| Baton Rouge | | Super Preferred customer than | | Policywriting Agent: An agent who has |
| Virginia Beach | | someone with higher risk factors such | | the authority to prepare and effect an |
| Youngstown | | as a heart condition, cancer or | | insurer's policy. |
| Hendersonville | | diabetes. Conversely, if you were | | |
| Tallahassee | | unhealthy when you acquired your | | Commingling: An illegal practice |
| Sioux City | | policy, and your health has now | | which occurs when an agent mixes |
| Hot Springs | | improved, it might be time to shop for | | personal funds with the insured's or |
| West Palm Beach | | a new policy, as your rates are likely | | insurer's funds. |
| Philadelphia | | to be lower. | | |
| Honolulu | | | | Brick Veneer Construction: Refers to |
| Lancaster | | | | a building where the outside walls are |
| Lincoln | | | | constructed of wood with a facing of a |
| Fayetteville | | | | single layer of brick. |
