| | | | |
|
| Zanesville | | The best time to switch policies is | | Collusion: An agreement, usually |
| Baltimore | | within one month of receiving your | | secret, between two or more persons |
| Nashua | | policy renewal from your current | | to defraud or deprive another or |
| Carlsbad | | insurer. You can typically cancel your | | others of their property or rights. |
| Edmond | | policy without any fees or penalties if | | |
| Columbus | | you act within this time period. | | Malinger: To feign a disability for the |
| Lafayette | | | | purpose of continuing to collect |
| Mobile | | While some companies raise their | | benefits longer than actually |
| Quincy | | prices based on your actual age, | | necessary. |
| Poughkeepsie | | most companies increase the price of | | |
| Boca Raton | | their policies six months before your | | Approved: The condition which exists |
| Rome | | birthday. Its a term called Age | | when the person or object to be |
| Savannah | | Nearest in the industry, and that | | insured meets the underwriting |
| Council Bluffs | | half-year price increase could really | | standards of the insurer. |
| Duluth | | add up over a 20-year term policy. As | | |
| Vancouver | | above, the quicker you purchase your | | Authorized Insurer: An insurer |
| Livonia | | policy the better. | | authorized by the state to transact |
| Rochester | | | | business in that state for specific |
| Pittsburgh | | The quickest and easiest way to | | types of insurance. |
| Toms River | | shop for new insurance is by | | |
| Decatur | | comparing rates at InsWebs online | | Tabular Plan: A retrospective rating |
| Colorado Springs | | marketplace. If you do it the | | plan, which uses tables to furnish the |
| Salt Lake City | | old-fashioned way (by calling or | | various values for the rating formula. |
| Oxnard | | visiting multiple agents or insurance | | |
| Hampton | | companies) it could take up a huge | | Gross Premium: The net premium |
| Billings | | chunk of your time, which no one | | plus operating expenses, |
| Los Angeles | | wants or needs. By completing | | commissions and other expenses. |
| Sioux City | | InsWebs online application, you will | | |
| Jackson | | have rates to compare to your old | | Agency Company: An insurance |
| Tacoma | | ones within minutes! | | company that produces business |
| Anaheim | | | | through an agency network. Contrast |
| Salt Lake City | | If you decide to cancel your policy | | with Direct Writer. |
| Tulsa | | (after acquiring new coverage) | | |
| Jackson | | outside of the 30-day period, you may | | Brokerage Department: A department |
| Columbus | | have to pay a fee or penalty. | | of an insurer whose purpose is to |
| Naples | | However, you may still save money | | deal with brokers in the placing of |
| Rochester | | after paying the fee if your new policy | | insurance. |
| Raleigh | | affords you significant savings. So | | |
| Youngstown | | while it is best to wait until your | | |
| St. Paul | | receive your renewal notice, you CAN | | |
| Billings | | cancel your policy at any time. | | |
