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| Texarkana | | If you decide to cancel your policy | | Agency Contract (or Agreement): The |
| Huntsville | | (after acquiring new coverage) | | document which establishes the legal |
| Schaumburg | | outside of the 30-day period, you may | | relationship between an agent and an |
| Durham | | have to pay a fee or penalty. | | insurer. |
| Cedar Rapids | | However, you may still save money | | |
| Brooklyn | | after paying the fee if your new policy | | Accident Year Experience: Measures |
| Alexandria | | affords you significant savings. So | | premiums and losses relating to |
| Schenectady | | while it is best to wait until your | | accidents which occurred during a |
| Decatur | | receive your renewal notice, you CAN | | 12-month period. |
| Sterling Heights | | cancel your policy at any time. | | |
| Cookeville | | | | Tariff Rate: A rate established by a |
| Cypress | | Make sure you have a new policy in | | rating organization, which comes from |
| Mountain View | | place before you cancel your old one | | the tables, schedules and rules found |
| Downey | | to avoid a lapse in coverage. This will | | in the tariff of rates. |
| Muncie | | also prevent having to figure out the | | |
| Las Cruces | | amount of any unused premium that is | | Monoline Policy: Any insurance |
| Wichita Falls | | due to you from your old insurance | | coverage written as a single line |
| Bellevue | | company, or having to spar with your | | policy. Contrast with Multiple Line or |
| Amarillo | | agent about exactly when your policy | | Package policy. |
| Jackson | | was cancelled and how much they | | |
| Durham | | owe you. | | Sherman Antitrust Act: An antitrust law |
| St. Louis | | | | from which insurance is exempted to |
| Bay City | | Shopping around is the best way to | | the extent that it is regulated by state |
| Orlando | | save money on your insurance. | | law. |
