| | | | |
|
| Newark | | Individuals who have 30-year | | Lloyd's Broker: A person who has the |
| Lafayette | | mortgages might want to consider a | | authority to negotiate insurance |
| Englewood | | 30-year term to ensure that the house | | contracts with the underwriters on the |
| Davenport | | is protected throughout the period of | | floor at Lloyd's. |
| Thousand Oaks | | the loan. | | |
| Decatur | | | | Nonassignable: A policy that the |
| Shreveport | | Make sure you have a new policy in | | owner cannot assign to a third party. |
| San Antonio | | place before you cancel your old one | | Most policies are nonassignable |
| Lexington | | to avoid a lapse in coverage. This will | | unless approval is given by the |
| Sioux Falls | | also prevent having to figure out the | | insurer. |
| Elkhart | | amount of any unused premium that is | | |
| Fall River | | due to you from your old insurance | | Admitted (or Allowed) Assets: Assets |
| Greenville | | company, or having to spar with your | | whose values are permitted by state |
| Redlands | | agent about exactly when your policy | | law to be included in the annual |
| Gulfport | | was cancelled and how much they | | statement of the insurer. |
| Davenport | | owe you. | | |
| Winter Park | | | | Net Interest Earned: The average |
| San Francisco | | The quickest and easiest way to | | interest earned by an insurer on its |
| Johnson City | | shop for new insurance is by | | investments after investment expense |
| Greenville | | comparing rates at InsWebs online | | but before federal income taxes. |
| Franklin | | marketplace. If you do it the | | |
| Florissant | | old-fashioned way (by calling or | | Basic Rate: The manual rate from |
| Lorain | | visiting multiple agents or insurance | | which discounts are taken or to which |
| Chula Vista | | companies) it could take up a huge | | charges are added to reflect the |
| Longwood | | chunk of your time, which no one | | individual circumstances of a risk. |
| Mountain View | | wants or needs. By completing | | |
| Naperville | | InsWebs online application, you will | | Domestic Insurer (or Company): An |
| Livonia | | have rates to compare to your old | | insurer formed under the laws of the |
| Boise | | ones within minutes! | | state in which the insurance is written. |
