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| Norwalk | | Why not take advantage of current | | Index Bureau Experience: A measure |
| Columbia | | low prices? Many auto insurance | | of losses relating to claims reported |
| Columbus | | consumers are becoming educated | | through a claim office during a |
| Olympia | | on other companies, plans, and rates | | 12-month period. |
| Cincinnati | | that are available to them; ones that | | |
| Richmond | | could afford them significant savings | | Effective Date: The date on which the |
| Oxnard | | on their auto insurance. | | protection of an insurance policy or |
| San Antonio | | | | bond goes into effect. |
| Biloxi | | Shopping around is the best way to | | |
| Durham | | save money on your insurance. | | Inspection: Independent checking on |
| Oklahoma City | | | | facts about an applicant, |
| Indianapolis | | Make sure you have a new policy in | | policyholder, or claimant, usually by a |
| Gainesville | | place before you cancel your old one | | commercial inspection agency. |
| Boston | | to avoid a lapse in coverage. This will | | |
| Lafayette | | also prevent having to figure out the | | First Party Insurance: Insurance which |
| Decatur | | amount of any unused premium that is | | applies to coverage for the insured's |
| Scranton | | due to you from your old insurance | | own property or person. Contrast with |
| Macon | | company, or having to spar with your | | Third Party Insurance. |
| Bellevue | | agent about exactly when your policy | | |
| Evanston | | was cancelled and how much they | | Net Loss: The amount of loss |
| Fall River | | owe you. | | sustained by an insurer after giving |
| Stockton | | | | effect to all applicable reinsurance, |
| Mesa | | Healthy people have the best | | salvage, and subrogation recoveries. |
| Coral Springs | | mortality risks and thus are much | | |
| Gainesville | | cheaper for companies to insure. This | | Collusion: An agreement, usually |
| Belleville | | translates into lower rates for the | | secret, between two or more persons |
| Lafayette | | Super Preferred customer than | | to defraud or deprive another or |
| Littleton | | someone with higher risk factors such | | others of their property or rights. |
| Englewood | | as a heart condition, cancer or | | |
| Frederick | | diabetes. Conversely, if you were | | Federal Deposit Insurance |
| Amarillo | | unhealthy when you acquired your | | Corporation (FDIC): An agency of the |
| Canton | | policy, and your health has now | | federal government which insures |
| Buffalo | | improved, it might be time to shop for | | bank deposits up to a stated |
| Lakeland | | a new policy, as your rates are likely | | maximum. |
| Memphis | | to be lower. | | |
