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| Seattle | | Why not take advantage of current | | Not Taken: Policies applied for and |
| Decatur | | low prices? Many auto insurance | | issued but rejected by the proposed |
| Bayside | | consumers are becoming educated | | owner and not paid for. |
| Miami | | on other companies, plans, and rates | | |
| Omaha | | that are available to them; ones that | | Incurred Expense: Expenses not yet |
| Spartanburg | | could afford them significant savings | | paid. Can also include paid |
| Lafayette | | on their auto insurance. | | expenses in some accounting |
| Columbia | | | | systems. |
| Monroe | | The best time to switch policies is | | |
| Delray Beach | | within one month of receiving your | | Examiner: An employee assigned by |
| Cherry Hill | | policy renewal from your current | | the state insurance department to |
| Oceanside | | insurer. You can typically cancel your | | audit insurers' records. |
| Norwalk | | policy without any fees or penalties if | | |
| Palm Desert | | you act within this time period. | | Agent's Balance: A periodic |
| Baton Rouge | | | | statement of the sums due and owed |
| Tacoma | | The quickest and easiest way to | | to an agent under the agent's contract |
| Englewood | | shop for new insurance is by | | with an insurer. |
| Chandler | | comparing rates at InsWebs online | | |
| Palm Desert | | marketplace. If you do it the | | Book Value: Refers to the value of |
| Harrisburg | | old-fashioned way (by calling or | | assets as shown in the official |
| Kingsport | | visiting multiple agents or insurance | | accounting records of the company. |
| Hattiesburg | | companies) it could take up a huge | | |
| Huntsville | | chunk of your time, which no one | | Preferred Risk: Any risk considered |
| Worcester | | wants or needs. By completing | | to be better than the standard risk on |
| Poughkeepsie | | InsWebs online application, you will | | which the premium rate was |
| Malden | | have rates to compare to your old | | calculated. |
| Morristown | | ones within minutes! | | |
| Englewood | | | | You/Your: These words are used to |
| Pensacola | | Everyone has different needs, and | | refer to the named insured in many of |
| Lansing | | not one size fits all when it comes to | | the modernized/personalized policy |
| Manchester | | term life insurance. While it may make | | forms. |
| Durham | | sense for people in their 30s and 40s | | |
| Pasadena | | to secure a 20-year term length, a | | Claim Expense: The expense of |
| Cincinnati | | 10-year term might be more | | adjusting a claim, such as |
| Warren | | appropriate for someone nearing | | investigation and attorneys' fees. It |
| Belleville | | retirement. | | does not include the cost of the claim |
| Lawrenceville | | | | itself. |
