| | | | |
|
| New York | | The best time to switch policies is | | Net Retention: The amount of |
| Dothan | | within one month of receiving your | | insurance that a ceding company |
| Virginia Beach | | policy renewal from your current | | keeps for its own account and does |
| Inglewood | | insurer. You can typically cancel your | | not reinsure. |
| Lowell | | policy without any fees or penalties if | | |
| Tucson | | you act within this time period. | | Tariff Rate: A rate established by a |
| Boca Raton | | | | rating organization, which comes from |
| Ventura | | Individuals who have 30-year | | the tables, schedules and rules found |
| Tyler | | mortgages might want to consider a | | in the tariff of rates. |
| Brooklyn | | 30-year term to ensure that the house | | |
| Newport Beach | | is protected throughout the period of | | Divided Cover: The placing of |
| Staten Island | | the loan. | | insurance on a given subject or |
| Roanoke | | | | object with more than one insurer. |
| Rochester | | While some companies raise their | | |
| Sioux Falls | | prices based on your actual age, | | Cash Flow Underwriting: The use of |
| Tacoma | | most companies increase the price of | | rating and premium collection |
| Lincoln | | their policies six months before your | | techniques by insurance companies |
| Ventura | | birthday. Its a term called Age | | to maximize interest earnings on |
| Clinton Township | | Nearest in the industry, and that | | premiums. |
| Hartford | | half-year price increase could really | | |
| Turlock | | add up over a 20-year term policy. As | | Shock Loss: A catastrophic loss so |
| Irvine | | above, the quicker you purchase your | | large that it has a material effect on |
| Cranston | | policy the better. | | the underwriting results of a company. |
