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| Odessa | | At InsWeb, you can compare free | | Underinsurance: A condition in which |
| Bellevue | | online insurance quotes from many of | | not enough insurance is carried to |
| Boston | | the nations leading insurance | | cover the insurable value. |
| Columbia | | companies. | | |
| Fresno | | | | Loss Adjustment Expense: The cost |
| Fort Lauderdale | | Individuals who have 30-year | | of adjusting losses, excluding the |
| Jersey City | | mortgages might want to consider a | | amount of the loss itself. |
| Hendersonville | | 30-year term to ensure that the house | | |
| Odessa | | is protected throughout the period of | | Gross Line: The total limit accepted |
| Fremont | | the loan. | | by an insurer on an individual risk, |
| Jasper | | | | including the amount to be reinsured. |
| Oxnard | | The best time to switch policies is | | |
| Nashua | | within one month of receiving your | | Professional Insurance Agents |
| Columbus | | policy renewal from your current | | Association: A trade association of |
| Columbus | | insurer. You can typically cancel your | | mutual insurance agents. |
| Council Bluffs | | policy without any fees or penalties if | | |
| Englewood | | you act within this time period. | | Liquidity: The ability of an insurer to |
| Marietta | | | | convert its assets into cash to pay |
| Toms River | | If you have noticed that your auto | | claims if necessary. |
| Pueblo | | insurance rates are still increasing | | |
| Sioux City | | with each renewal, or even have not | | Admitted (or Allowed) Assets: Assets |
| Asheville | | gone down even though you have a | | whose values are permitted by state |
| Albany | | great driving record, this lower pricing | | law to be included in the annual |
| Franklin | | trend makes it more important then | | statement of the insurer. |
| Sioux City | | ever that you shop around for auto | | |
| Colorado Springs | | insurance. | | Agency Contract (or Agreement): The |
| Florissant | | | | document which establishes the legal |
| Scranton | | While some companies raise their | | relationship between an agent and an |
| Palm Harbor | | prices based on your actual age, | | insurer. |
| Lake Charles | | most companies increase the price of | | |
| Fullerton | | their policies six months before your | | Incurred Expense: Expenses not yet |
| Nashville | | birthday. Its a term called Age | | paid. Can also include paid |
| Lima | | Nearest in the industry, and that | | expenses in some accounting |
| Jackson | | half-year price increase could really | | systems. |
| Fort Lauderdale | | add up over a 20-year term policy. As | | |
| Sunnyvale | | above, the quicker you purchase your | | |
| Pompano Beach | | policy the better. | | |
