| | | | |
|
| Poughkeepsie | | The best time to switch policies is | | Overlapping Insurance: Coverage |
| Glendale | | within one month of receiving your | | from two or more policies or insurers |
| Kansas City | | policy renewal from your current | | which duplicates coverage of certain |
| Belleville | | insurer. You can typically cancel your | | risks. |
| Fort Wayne | | policy without any fees or penalties if | | |
| Warwick | | you act within this time period. | | Will Ride: Coverage that remains in |
| Kalamazoo | | | | effect regardless of the geographical |
| Cypress | | Why not take advantage of current | | location in which a loss occurs. |
| Owensboro | | low prices? Many auto insurance | | |
| Memphis | | consumers are becoming educated | | Agency Contract (or Agreement): The |
| Augusta | | on other companies, plans, and rates | | document which establishes the legal |
| Montgomery | | that are available to them; ones that | | relationship between an agent and an |
| Sioux City | | could afford them significant savings | | insurer. |
| Woodbridge | | on their auto insurance. | | |
| Escondido | | | | Claim Expense: The expense of |
| Hattiesburg | | If you decide to cancel your policy | | adjusting a claim, such as |
| Philadelphia | | (after acquiring new coverage) | | investigation and attorneys' fees. It |
| Orlando | | outside of the 30-day period, you may | | does not include the cost of the claim |
| Hattiesburg | | have to pay a fee or penalty. | | itself. |
| Vineland | | However, you may still save money | | |
| Milwaukee | | after paying the fee if your new policy | | Policy Anniversary: The anniversary |
| Woodbridge | | affords you significant savings. So | | of the date of issue of a policy as |
| Fort Lauderdale | | while it is best to wait until your | | shown in the policy declarations. |
| Coral Springs | | receive your renewal notice, you CAN | | |
| Spokane | | cancel your policy at any time. | | Expense Allowance: A compensation |
| Oakland | | | | paid to an insurance agent in excess |
| West Palm Beach | | The quickest and easiest way to | | of prescribed commissions. |
| Council Bluffs | | shop for new insurance is by | | |
| Lakewood | | comparing rates at InsWebs online | | Criticism: A correction suggested by a |
| Canton | | marketplace. If you do it the | | rating or auditing bureau to an insurer. |
| Myrtle Beach | | old-fashioned way (by calling or | | |
| Sioux Falls | | visiting multiple agents or insurance | | Losses Outstanding: A summary |
| Fremont | | companies) it could take up a huge | | statement prepared by Property, Life, |
| Beaumont | | chunk of your time, which no one | | and Liability insurers showing claims |
| Macon | | wants or needs. By completing | | not yet settled. |
| San Antonio | | InsWebs online application, you will | | |
| Torrance | | have rates to compare to your old | | |
| Johnson City | | ones within minutes! | | |
