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| Jackson | | While some companies raise their | | Mandatory Valuation Reserve: A |
| Alexandria | | prices based on your actual age, | | reserve required by a state law to |
| Reno | | most companies increase the price of | | offset any declines in the valuation of |
| Asheville | | their policies six months before your | | securities listed as admitted assets. |
| West Palm Beach | | birthday. Its a term called Age | | |
| Kalamazoo | | Nearest in the industry, and that | | Commingling: An illegal practice |
| Kansas City | | half-year price increase could really | | which occurs when an agent mixes |
| Vancouver | | add up over a 20-year term policy. As | | personal funds with the insured's or |
| Springfield | | above, the quicker you purchase your | | insurer's funds. |
| Columbus | | policy the better. | | |
| Vineland | | | | Claim Report: A report filed by an |
| Pueblo | | If you have noticed that your auto | | agent setting forth the facts of a claim. |
| Billings | | insurance rates are still increasing | | Same as Loss Report. |
| Glendale | | with each renewal, or even have not | | |
| Carlsbad | | gone down even though you have a | | Shock Loss: A catastrophic loss so |
| Irving | | great driving record, this lower pricing | | large that it has a material effect on |
| York | | trend makes it more important then | | the underwriting results of a company. |
| Chesapeake | | ever that you shop around for auto | | |
| Oklahoma City | | insurance. | | Divided Cover: The placing of |
| Sunnyvale | | | | insurance on a given subject or |
| Bloomington | | The best time to switch policies is | | object with more than one insurer. |
| Anderson | | within one month of receiving your | | |
| Fullerton | | policy renewal from your current | | Book Value: Refers to the value of |
| Bradenton | | insurer. You can typically cancel your | | assets as shown in the official |
| Palo Alto | | policy without any fees or penalties if | | accounting records of the company. |
| Salem | | you act within this time period. | | |
| Virginia Beach | | | | Federal Deposit Insurance |
| Durham | | Make sure you have a new policy in | | Corporation (FDIC): An agency of the |
| Turlock | | place before you cancel your old one | | federal government which insures |
| Richmond | | to avoid a lapse in coverage. This will | | bank deposits up to a stated |
| Plano | | also prevent having to figure out the | | maximum. |
| Cape Coral | | amount of any unused premium that is | | |
| Savannah | | due to you from your old insurance | | Interline Endorsement: Commercial |
| Abilene | | company, or having to spar with your | | endorsements that apply, or could |
| Mesquite | | agent about exactly when your policy | | apply, to more than one coverage |
| North Hollywood | | was cancelled and how much they | | part of a package policy. |
| Rapid City | | owe you. | | |
