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| Westbury | | Make sure you have a new policy in | | Policy Period (or Term): The period |
| Augusta | | place before you cancel your old one | | during which the policy contract |
| Hot Springs | | to avoid a lapse in coverage. This will | | affords protection, e.g., six months or |
| Yuma | | also prevent having to figure out the | | one or three years. |
| Topeka | | amount of any unused premium that is | | |
| Wichita | | due to you from your old insurance | | Deductible: The portion of an insured |
| Panama City | | company, or having to spar with your | | loss to be borne by the insured |
| Kansas City | | agent about exactly when your policy | | before he is entitled to recovery from |
| Metairie | | was cancelled and how much they | | the insurer. |
| Lakewood | | owe you. | | |
| Union | | | | Basic Rate: The manual rate from |
| Chicago | | Individuals who have 30-year | | which discounts are taken or to which |
| Sioux City | | mortgages might want to consider a | | charges are added to reflect the |
| Jasper | | 30-year term to ensure that the house | | individual circumstances of a risk. |
| Irvine | | is protected throughout the period of | | |
| Fort Smith | | the loan. | | Short-Term Policy: A policy written for |
| Baton Rouge | | | | a period of less time than is normal for |
| Newark | | The quickest and easiest way to | | that type of policy. |
| Glendale | | shop for new insurance is by | | |
| Brooklyn | | comparing rates at InsWebs online | | Admitted Company: An insurance |
| Winter Park | | marketplace. If you do it the | | company authorized and licensed to |
| Naples | | old-fashioned way (by calling or | | do business in a given state. |
| Jackson | | visiting multiple agents or insurance | | |
| San Bernardino | | companies) it could take up a huge | | Renewal: The reestablishment of the |
| Baton Rouge | | chunk of your time, which no one | | in-force status of a policy, the term of |
| Glendale | | wants or needs. By completing | | which has expired or will expire |
| Newport Beach | | InsWebs online application, you will | | unless it is renewed. |
| Cranston | | have rates to compare to your old | | |
| Sacramento | | ones within minutes! | | Commission of Authority: A document |
| Kingsport | | | | outlining the powers delegated to an |
| Mesa | | If you have noticed that your auto | | agent by an insurer. |
| Ventura | | insurance rates are still increasing | | |
| Alpharetta | | with each renewal, or even have not | | Policywriting Agent: An agent who has |
| Marietta | | gone down even though you have a | | the authority to prepare and effect an |
| Walnut Creek | | great driving record, this lower pricing | | insurer's policy. |
| Grand Rapids | | trend makes it more important then | | |
| Duluth | | ever that you shop around for auto | | |
| Texarkana | | insurance. | | |
