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| Myrtle Beach | | The best time to switch policies is | | Examiner: An employee assigned by |
| Garland | | within one month of receiving your | | the state insurance department to |
| Stuart | | policy renewal from your current | | audit insurers' records. |
| Hemet | | insurer. You can typically cancel your | | |
| Detroit | | policy without any fees or penalties if | | Mandatory Valuation Reserve: A |
| Newark | | you act within this time period. | | reserve required by a state law to |
| Sacramento | | | | offset any declines in the valuation of |
| Harlingen | | Individuals who have 30-year | | securities listed as admitted assets. |
| Scranton | | mortgages might want to consider a | | |
| New York | | 30-year term to ensure that the house | | National Auto Theft Bureau: An |
| Baton Rouge | | is protected throughout the period of | | organization engaged in the |
| Riverside | | the loan. | | prevention and reduction of motor |
| Omaha | | | | vehicle fire and theft losses. |
| Spokane | | The quickest and easiest way to | | |
| Portland | | shop for new insurance is by | | Convention Values: Values assigned |
| Tacoma | | comparing rates at InsWebs online | | to insurers' assets in the convention |
| Boise | | marketplace. If you do it the | | blank. |
| Lancaster | | old-fashioned way (by calling or | | |
| Irving | | visiting multiple agents or insurance | | Valued: Relating to an agreement by |
| Raleigh | | companies) it could take up a huge | | an insurer to pay a specified amount |
| Fort Worth | | chunk of your time, which no one | | of money to or on behalf of the |
| Spokane | | wants or needs. By completing | | insured upon occurrence of a defined |
| Oklahoma City | | InsWebs online application, you will | | loss. |
| Slidell | | have rates to compare to your old | | |
| Shreveport | | ones within minutes! | | Agency Contract (or Agreement): The |
| Orange Park | | | | document which establishes the legal |
| Chula Vista | | Why not take advantage of current | | relationship between an agent and an |
| Fayetteville | | low prices? Many auto insurance | | insurer. |
| Scranton | | consumers are becoming educated | | |
| Ogden | | on other companies, plans, and rates | | Loss Adjustment Expense: The cost |
| Littleton | | that are available to them; ones that | | of adjusting losses, excluding the |
| Odessa | | could afford them significant savings | | amount of the loss itself. |
| Grand Prairie | | on their auto insurance. | | |
| Hendersonville | | | | Replacement: A new policy written to |
| Detroit | | | | take the place of one currently in force. |
