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| Stockbridge | | Shopping around is the best way to | | Depreciation: A decrease in the value |
| Syracuse | | save money on your insurance. | | of any type of tangible property over |
| Anaheim | | | | a period of time resulting from use, |
| Fort Worth | | Individuals who have 30-year | | wear and tear, or obsolescence. |
| Glendale | | mortgages might want to consider a | | |
| Philadelphia | | 30-year term to ensure that the house | | Broker of Record: A broker who has |
| Littleton | | is protected throughout the period of | | been designated to handle certain |
| Bakersfield | | the loan. | | insurance contracts for the |
| Williamsport | | | | policyholder. |
| Cincinnati | | Healthy people have the best | | |
| Corona | | mortality risks and thus are much | | Society of Insurance Research: An |
| Pittsburgh | | cheaper for companies to insure. This | | organization which encourages |
| Tulsa | | translates into lower rates for the | | insurance research and promotes the |
| Boston | | Super Preferred customer than | | exchange of ideas and methods of |
| Rochester | | someone with higher risk factors such | | research. |
| St. Paul | | as a heart condition, cancer or | | |
| Huntsville | | diabetes. Conversely, if you were | | Preferred Risk: Any risk considered |
| Warren | | unhealthy when you acquired your | | to be better than the standard risk on |
| Jackson | | policy, and your health has now | | which the premium rate was |
| Santa Barbara | | improved, it might be time to shop for | | calculated. |
| El Paso | | a new policy, as your rates are likely | | |
| Rochester | | to be lower. | | Overlapping Insurance: Coverage |
| Chicago | | | | from two or more policies or insurers |
| Cherry Hill | | People who are trying to quit | | which duplicates coverage of certain |
| Spring Hill | | smoking, for example, might be best | | risks. |
| Morristown | | suited purchasing a shorter term (and | | |
| Coral Springs | | then replacing it with a longer term | | Valued: Relating to an agreement by |
| Carlsbad | | policy when they qualify for | | an insurer to pay a specified amount |
| Zanesville | | non-tobacco prices). | | of money to or on behalf of the |
| Belleville | | | | insured upon occurrence of a defined |
| Lafayette | | The best time to switch policies is | | loss. |
| Jonesboro | | within one month of receiving your | | |
| Franklin | | policy renewal from your current | | Equity: The money value of an |
| Nashua | | insurer. You can typically cancel your | | insurance company that is over and |
| Daytona Beach | | policy without any fees or penalties if | | above its liabilities. Liabilities include |
| Bloomington | | you act within this time period. | | almost all of its reserves. |
