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| Toledo | | Why not take advantage of current | | Adjustment Bureau: A firm organized |
| Omaha | | low prices? Many auto insurance | | to provide adjustment services to |
| Wilmington | | consumers are becoming educated | | insurers not wishing to create their |
| Lafayette | | on other companies, plans, and rates | | own claims division. |
| Orange | | that are available to them; ones that | | |
| Sacramento | | could afford them significant savings | | Overlapping Insurance: Coverage |
| Long Island City | | on their auto insurance. | | from two or more policies or insurers |
| Columbus | | | | which duplicates coverage of certain |
| Duluth | | The quickest and easiest way to | | risks. |
| Fort Collins | | shop for new insurance is by | | |
| Clarksville | | comparing rates at InsWebs online | | Fiduciary: A person holding the funds |
| Oxnard | | marketplace. If you do it the | | or property of another in a position of |
| Springfield | | old-fashioned way (by calling or | | trust. An example would be the |
| San Diego | | visiting multiple agents or insurance | | executor of an estate. |
| Indianapolis | | companies) it could take up a huge | | |
| Columbus | | chunk of your time, which no one | | Premium Receipt: The receipt given |
| Erie | | wants or needs. By completing | | a policy owner for the payment of a |
| Lake Worth | | InsWebs online application, you will | | premium. |
| Lorain | | have rates to compare to your old | | |
| Anaheim | | ones within minutes! | | Losses Incurred: The total losses, |
| Louisville | | | | whether paid or not, sustained by an |
| Troy | | Everyone has different needs, and | | insurer during a given period, e.g., 12 |
| Erie | | not one size fits all when it comes to | | months. |
| Fall River | | term life insurance. While it may make | | |
| Torrance | | sense for people in their 30s and 40s | | Insolvent Insurer: An insurer which is |
| Colorado Springs | | to secure a 20-year term length, a | | unable to meet its financial |
| Silver Spring | | 10-year term might be more | | obligations. |
| Conroe | | appropriate for someone nearing | | |
| Irvine | | retirement. | | Claim: A demand made by the |
| Beaumont | | | | insured, or the insured's beneficiary, |
| Acworth | | Individuals who have 30-year | | for payment of the benefits provided |
| Bronx | | mortgages might want to consider a | | by the contract. |
| Lakewood | | 30-year term to ensure that the house | | |
| Garland | | is protected throughout the period of | | Broker of Record: A broker who has |
| Costa Mesa | | the loan. | | been designated to handle certain |
| Rapid City | | | | insurance contracts for the |
| Bronx | | | | policyholder. |
