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| Oakland | | Make sure you have a new policy in | | Agent's Qualification Law: Education, |
| Aurora | | place before you cancel your old one | | experience, and other requirements |
| Columbia | | to avoid a lapse in coverage. This will | | imposed by the state upon persons |
| Englewood | | also prevent having to figure out the | | desiring to be licensed as agents. |
| Raleigh | | amount of any unused premium that is | | |
| Hattiesburg | | due to you from your old insurance | | Deductible: The portion of an insured |
| Syracuse | | company, or having to spar with your | | loss to be borne by the insured |
| West Chester | | agent about exactly when your policy | | before he is entitled to recovery from |
| Santa Clara | | was cancelled and how much they | | the insurer. |
| Albuquerque | | owe you. | | |
| Odessa | | | | Premises: The particular location of |
| Tuscaloosa | | While some companies raise their | | property or a portion thereof as |
| Stockton | | prices based on your actual age, | | designated in a policy. |
| Elkhart | | most companies increase the price of | | |
| Daytona Beach | | their policies six months before your | | Approved: The condition which exists |
| Zanesville | | birthday. Its a term called Age | | when the person or object to be |
| Waterloo | | Nearest in the industry, and that | | insured meets the underwriting |
| Inglewood | | half-year price increase could really | | standards of the insurer. |
| Westbury | | add up over a 20-year term policy. As | | |
| Woodbridge | | above, the quicker you purchase your | | Loss Adjustment Expense: The cost |
| Detroit | | policy the better. | | of adjusting losses, excluding the |
| Torrance | | | | amount of the loss itself. |
| Gainesville | | The quickest and easiest way to | | |
| Scottsdale | | shop for new insurance is by | | Single Limit: Any insurance coverage |
| Austin | | comparing rates at InsWebs online | | which is expressed as a single |
| Overland Park | | marketplace. If you do it the | | amount of insurance, or a single limit |
| Williamsburg | | old-fashioned way (by calling or | | of liability. Contrast with Split Limit. |
| Florissant | | visiting multiple agents or insurance | | |
| Metairie | | companies) it could take up a huge | | Initial Premium: An amount paid at the |
| Malden | | chunk of your time, which no one | | inception of an insurance contract, |
| St. Joseph | | wants or needs. By completing | | usually subject to adjustment at the |
| Sioux Falls | | InsWebs online application, you will | | end of the policy period. |
| Kansas City | | have rates to compare to your old | | |
| Brooklyn | | ones within minutes! | | Dual Life Stock Company: A stock |
| Scranton | | | | Life insurer issuing both participating |
| Santa Monica | | | | and nonparticipating policy contracts. |
