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| Edison | | At InsWeb, you can compare free | | Cut Rate: This term generally applies |
| Las Vegas | | online insurance quotes from many of | | to insurance companies who charge |
| Flint | | the nations leading insurance | | premiums below a normal or average |
| Gainesville | | companies. | | rate. |
| Bellevue | | | | |
| Orange | | If you decide to cancel your policy | | Brokerage Business: Business |
| Dayton | | (after acquiring new coverage) | | offered to an insurer by a broker. This |
| Hollywood | | outside of the 30-day period, you may | | is sometimes called excess or |
| Owensboro | | have to pay a fee or penalty. | | surplus business. |
| Ann Arbor | | However, you may still save money | | |
| Goldsboro | | after paying the fee if your new policy | | Liquidity: The ability of an insurer to |
| Staten Island | | affords you significant savings. So | | convert its assets into cash to pay |
| Pensacola | | while it is best to wait until your | | claims if necessary. |
| Tuscaloosa | | receive your renewal notice, you CAN | | |
| Orlando | | cancel your policy at any time. | | Calendar Year Experience: This |
| Duluth | | | | measures the premiums and losses |
| Schenectady | | While some companies raise their | | entered on accounting records during |
| Phoenix | | prices based on your actual age, | | the 12-month calendar. |
| Santa Monica | | most companies increase the price of | | |
| Chesapeake | | their policies six months before your | | Lapsed Policy: One which has been |
| Denton | | birthday. Its a term called Age | | allowed to expire because of |
| Metairie | | Nearest in the industry, and that | | nonpayment of premiums. |
| Coral Springs | | half-year price increase could really | | |
| Johnstown | | add up over a 20-year term policy. As | | Approved Roof: A term used in |
| Tucson | | above, the quicker you purchase your | | building construction. It indicates a |
| Naples | | policy the better. | | roof made of fire-resistive materials, |
| Amarillo | | | | such as tile or asphalt shingles. |
| Rome | | Healthy people have the best | | |
| Decatur | | mortality risks and thus are much | | Retrospective Premium: The final |
| Santa Barbara | | cheaper for companies to insure. This | | premium in a retrospective rating |
| Fort Myers | | translates into lower rates for the | | plan. See Retrospective Rating. |
| Daytona Beach | | Super Preferred customer than | | |
| Arlington | | someone with higher risk factors such | | Gross Line: The total limit accepted |
| Texarkana | | as a heart condition, cancer or | | by an insurer on an individual risk, |
| Poughkeepsie | | diabetes. Conversely, if you were | | including the amount to be reinsured. |
| Garland | | unhealthy when you acquired your | | |
| Jersey City | | policy, and your health has now | | |
| Acworth | | improved, it might be time to shop for | | |
| Greenville | | a new policy, as your rates are likely | | |
| Bronx | | to be lower. | | |
