| | | | |
|
| Nashville | | While some companies raise their | | Net Interest Earned: The average |
| Youngstown | | prices based on your actual age, | | interest earned by an insurer on its |
| Wichita | | most companies increase the price of | | investments after investment expense |
| Newark | | their policies six months before your | | but before federal income taxes. |
| Florence | | birthday. Its a term called Age | | |
| San Bernardino | | Nearest in the industry, and that | | Professional Insurance Agents |
| Clarksville | | half-year price increase could really | | Association: A trade association of |
| Redlands | | add up over a 20-year term policy. As | | mutual insurance agents. |
| Santa Rosa | | above, the quicker you purchase your | | |
| Hampton | | policy the better. | | Other Insurance: The existence of |
| Austin | | | | other contracts covering the same |
| Plano | | Individuals who have 30-year | | interest and perils. |
| Hattiesburg | | mortgages might want to consider a | | |
| Irvine | | 30-year term to ensure that the house | | Brokerage Business: Business |
| Council Bluffs | | is protected throughout the period of | | offered to an insurer by a broker. This |
| Lafayette | | the loan. | | is sometimes called excess or |
| Hendersonville | | | | surplus business. |
| Long Island City | | If you decide to cancel your policy | | |
| Troy | | (after acquiring new coverage) | | Valuation Clause: A clause stating the |
| Albuquerque | | outside of the 30-day period, you may | | value of items for insurance |
| Pompano Beach | | have to pay a fee or penalty. | | purposes, making it a valued policy. |
| Glendale | | However, you may still save money | | |
| Roanoke | | after paying the fee if your new policy | | Convention Values: Values assigned |
| Fullerton | | affords you significant savings. So | | to insurers' assets in the convention |
| Fresno | | while it is best to wait until your | | blank. |
| Marietta | | receive your renewal notice, you CAN | | |
| Fort Myers | | cancel your policy at any time. | | Loss Adjustment Expense: The cost |
| Canton | | | | of adjusting losses, excluding the |
| Palo Alto | | If you have noticed that your auto | | amount of the loss itself. |
| Clearwater | | insurance rates are still increasing | | |
| Sumter | | with each renewal, or even have not | | Paid-In Surplus: Surplus paid in by |
| Modesto | | gone down even though you have a | | stockholders, as contrasted with |
| Syracuse | | great driving record, this lower pricing | | surplus earned through the |
| Lawrenceville | | trend makes it more important then | | operations of a business. |
| Asheville | | ever that you shop around for auto | | |
| Clarksville | | insurance. | | |
