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| Southfield | | The best time to switch policies is | | Renewal: The reestablishment of the |
| Detroit | | within one month of receiving your | | in-force status of a policy, the term of |
| Boulder | | policy renewal from your current | | which has expired or will expire |
| Woodbridge | | insurer. You can typically cancel your | | unless it is renewed. |
| Wilmington | | policy without any fees or penalties if | | |
| Kalamazoo | | you act within this time period. | | Agent's Balance: A periodic |
| Macon | | | | statement of the sums due and owed |
| Irvine | | While some companies raise their | | to an agent under the agent's contract |
| Springfield | | prices based on your actual age, | | with an insurer. |
| Omaha | | most companies increase the price of | | |
| Tucson | | their policies six months before your | | Broker-Agent: One acting as an agent |
| Fayetteville | | birthday. Its a term called Age | | of one or more insurers and as a |
| Fort Myers | | Nearest in the industry, and that | | broker in dealing with one or more |
| Knoxville | | half-year price increase could really | | other insurers. |
| Pasadena | | add up over a 20-year term policy. As | | |
| Amarillo | | above, the quicker you purchase your | | Loss Adjustment Expense: The cost |
| Vancouver | | policy the better. | | of adjusting losses, excluding the |
| Muncie | | | | amount of the loss itself. |
| Lincoln | | Life insurance, specifically Term Life, | | |
| Lafayette | | is arguably one of the best values in | | Net Retention: The amount of |
| Phoenix | | the entire financial services arena. | | insurance that a ceding company |
| Los Angeles | | Where else can you go and get | | keeps for its own account and does |
| Houston | | hundreds of thousands of dollars in | | not reinsure. |
| Morristown | | protection for literally pennies per | | |
| Melbourne | | day? Rates for Term Life insurance | | Accidental Bodily Injury: An injury |
| Hickory | | remain at all-time lows, and now is the | | sustained accidentally. Only the result |
| Albany | | time to lock in the best prices. | | need be accidental. Contrast with |
| Toms River | | | | Accidental Means. |
| Santa Ana | | Why not take advantage of current | | |
| Union | | low prices? Many auto insurance | | Minimum Premium: The smallest |
| Oklahoma City | | consumers are becoming educated | | amount of premium for which an |
| Spokane | | on other companies, plans, and rates | | insurer will issue coverage under a |
| Houston | | that are available to them; ones that | | given policy. |
| Pompano Beach | | could afford them significant savings | | |
| Springfield | | on their auto insurance. | | |
