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| Jackson | | If you decide to cancel your policy | | Deflation: An economic period |
| Lima | | (after acquiring new coverage) | | characterized by falling prices, high |
| Williamsburg | | outside of the 30-day period, you may | | unemployment and a generally |
| Albany | | have to pay a fee or penalty. | | sluggish or slow economy. |
| Council Bluffs | | However, you may still save money | | |
| Glendale | | after paying the fee if your new policy | | Paid-In Surplus: Surplus paid in by |
| Killeen | | affords you significant savings. So | | stockholders, as contrasted with |
| Ogden | | while it is best to wait until your | | surplus earned through the |
| Grand Rapids | | receive your renewal notice, you CAN | | operations of a business. |
| Owensboro | | cancel your policy at any time. | | |
| Burbank | | | | Renewal: The reestablishment of the |
| Fayetteville | | Shopping around is the best way to | | in-force status of a policy, the term of |
| Columbus | | save money on your insurance. | | which has expired or will expire |
| Greenville | | | | unless it is renewed. |
| Cookeville | | If you have noticed that your auto | | |
| Belleville | | insurance rates are still increasing | | Partial Loss: A loss covered by an |
| Frederick | | with each renewal, or even have not | | insurance policy which does not |
| Boulder | | gone down even though you have a | | completely destroy or render |
| Oxnard | | great driving record, this lower pricing | | worthless the insured property. |
| Muncie | | trend makes it more important then | | |
| Newark | | ever that you shop around for auto | | Retrospective Premium: The final |
| Lexington | | insurance. | | premium in a retrospective rating |
| High Point | | | | plan. See Retrospective Rating. |
| Lubbock | | While some companies raise their | | |
| Clearwater | | prices based on your actual age, | | Broker-Agent: One acting as an agent |
| Chicago | | most companies increase the price of | | of one or more insurers and as a |
| Texarkana | | their policies six months before your | | broker in dealing with one or more |
| Coral Springs | | birthday. Its a term called Age | | other insurers. |
| Little Rock | | Nearest in the industry, and that | | |
| Greeley | | half-year price increase could really | | Coding: A method of putting |
| Las Cruces | | add up over a 20-year term policy. As | | information into a numerical form for |
| Lima | | above, the quicker you purchase your | | statistical use. Most information on |
| Staten Island | | policy the better. | | policies is coded and then put into |
| Tyler | | | | reports. |
