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| Bloomington | | While some companies raise their | | Replacement: A new policy written to |
| Tyler | | prices based on your actual age, | | take the place of one currently in force. |
| Independence | | most companies increase the price of | | |
| Lakewood | | their policies six months before your | | Building Code: This refers to |
| Orlando | | birthday. Its a term called Age | | municipal or other governmental |
| Bradenton | | Nearest in the industry, and that | | ordinances regulating the type of |
| Salt Lake City | | half-year price increase could really | | construction of buildings within its |
| Sunnyvale | | add up over a 20-year term policy. As | | jurisdiction. |
| Anaheim | | above, the quicker you purchase your | | |
| Santa Rosa | | policy the better. | | Premises: The particular location of |
| Fall River | | | | property or a portion thereof as |
| Schaumburg | | Shopping around is the best way to | | designated in a policy. |
| Bay City | | save money on your insurance. | | |
| Evanston | | | | Malinger: To feign a disability for the |
| Alameda | | Make sure you have a new policy in | | purpose of continuing to collect |
| Killeen | | place before you cancel your old one | | benefits longer than actually |
| Duluth | | to avoid a lapse in coverage. This will | | necessary. |
| Williamsburg | | also prevent having to figure out the | | |
| Mountain View | | amount of any unused premium that is | | Claim Expense: The expense of |
| South Bend | | due to you from your old insurance | | adjusting a claim, such as |
| Schaumburg | | company, or having to spar with your | | investigation and attorneys' fees. It |
| Toms River | | agent about exactly when your policy | | does not include the cost of the claim |
| Tallahassee | | was cancelled and how much they | | itself. |
| Burbank | | owe you. | | |
| Chesapeake | | | | Standard Industry Code (SIC): This is |
| El Cajon | | Why not take advantage of current | | a coding system which assigns |
| Lafayette | | low prices? Many auto insurance | | separate codes for different types of |
| Warwick | | consumers are becoming educated | | industries. |
| Columbia | | on other companies, plans, and rates | | |
| Honolulu | | that are available to them; ones that | | Paid-In Surplus: Surplus paid in by |
| Sacramento | | could afford them significant savings | | stockholders, as contrasted with |
| Roanoke | | on their auto insurance. | | surplus earned through the |
| Belleville | | | | operations of a business. |
| Reno | | If you decide to cancel your policy | | |
| Shreveport | | (after acquiring new coverage) | | |
| Mesa | | outside of the 30-day period, you may | | |
| Westbury | | have to pay a fee or penalty. | | |
| Hickory | | However, you may still save money | | |
| Redlands | | after paying the fee if your new policy | | |
| Macon | | affords you significant savings. So | | |
| Hollywood | | while it is best to wait until your | | |
| Texarkana | | receive your renewal notice, you CAN | | |
| Quincy | | cancel your policy at any time. | | |
