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| Salem | | Make sure you have a new policy in | | Insolvent Insurer: An insurer which is |
| Fort Wayne | | place before you cancel your old one | | unable to meet its financial |
| Erie | | to avoid a lapse in coverage. This will | | obligations. |
| Metairie | | also prevent having to figure out the | | |
| Kansas City | | amount of any unused premium that is | | Not Taken: Policies applied for and |
| Mobile | | due to you from your old insurance | | issued but rejected by the proposed |
| Mesa | | company, or having to spar with your | | owner and not paid for. |
| Ventura | | agent about exactly when your policy | | |
| Cape Coral | | was cancelled and how much they | | Insurance Policy: The printed form |
| Fremont | | owe you. | | which serves as the contract between |
| Huntington Beach | | | | an insurer and an insured. |
| Fresno | | If you decide to cancel your policy | | |
| Tuscaloosa | | (after acquiring new coverage) | | Nonadmitted Insurer: An insurer not |
| Rockville | | outside of the 30-day period, you may | | licensed to do business in the |
| Stockton | | have to pay a fee or penalty. | | jurisdiction in question. Same as |
| Union | | However, you may still save money | | Unauthorized Insurer and Unlicensed |
| Palm Desert | | after paying the fee if your new policy | | Insurer. |
| Sunnyvale | | affords you significant savings. So | | |
| Los Angeles | | while it is best to wait until your | | Agent's License: A certificate of |
| Dayton | | receive your renewal notice, you CAN | | authority from the state which permits |
| North Hollywood | | cancel your policy at any time. | | the agent to conduct business. |