| | | | |
|
| Vero Beach | | The quickest and easiest way to | | Losses Outstanding: A summary |
| Baton Rouge | | shop for new insurance is by | | statement prepared by Property, Life, |
| Salt Lake City | | comparing rates at InsWebs online | | and Liability insurers showing claims |
| Bronx | | marketplace. If you do it the | | not yet settled. |
| Jonesboro | | old-fashioned way (by calling or | | |
| Lakeland | | visiting multiple agents or insurance | | Agency Company: An insurance |
| Hampton | | companies) it could take up a huge | | company that produces business |
| Spartanburg | | chunk of your time, which no one | | through an agency network. Contrast |
| Baltimore | | wants or needs. By completing | | with Direct Writer. |
| Flushing | | InsWebs online application, you will | | |
| Mansfield | | have rates to compare to your old | | Agency Contract (or Agreement): The |
| Orange Park | | ones within minutes! | | document which establishes the legal |
| Grand Junction | | | | relationship between an agent and an |
| Bronx | | Shopping around is the best way to | | insurer. |
| Raleigh | | save money on your insurance. | | |
| New Orleans | | | | Fiduciary: A person holding the funds |
| Council Bluffs | | Life insurance, specifically Term Life, | | or property of another in a position of |
| Metairie | | is arguably one of the best values in | | trust. An example would be the |
| Tyler | | the entire financial services arena. | | executor of an estate. |
| Newark | | Where else can you go and get | | |
| Hattiesburg | | hundreds of thousands of dollars in | | Paid-In Surplus: Surplus paid in by |
| Columbus | | protection for literally pennies per | | stockholders, as contrasted with |
| Florence | | day? Rates for Term Life insurance | | surplus earned through the |
| Texarkana | | remain at all-time lows, and now is the | | operations of a business. |
| Oklahoma City | | time to lock in the best prices. | | |
| Stamford | | | | Domestic Insurer (or Company): An |
| Atlanta | | The best time to switch policies is | | insurer formed under the laws of the |
| Cypress | | within one month of receiving your | | state in which the insurance is written. |
| Belleville | | policy renewal from your current | | |
| Lubbock | | insurer. You can typically cancel your | | American Risk and Insurance |
| Harlingen | | policy without any fees or penalties if | | Association: An association of |
| Florence | | you act within this time period. | | insurance educators and others |
| Chesapeake | | | | interested in insurance study and |
| Jonesboro | | Healthy people have the best | | research. |
| Brooklyn | | mortality risks and thus are much | | |
| Daytona Beach | | cheaper for companies to insure. This | | |
| Huntington | | translates into lower rates for the | | |
| Savannah | | Super Preferred customer than | | |
| Arlington | | someone with higher risk factors such | | |
| Brooklyn | | as a heart condition, cancer or | | |
| Council Bluffs | | diabetes. Conversely, if you were | | |
| Lakeland | | unhealthy when you acquired your | | |
| Cedar Rapids | | policy, and your health has now | | |
| Virginia Beach | | improved, it might be time to shop for | | |
| Manchester | | a new policy, as your rates are likely | | |
| Modesto | | to be lower. | | |
