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| Albuquerque | | Make sure you have a new policy in | | Mutualization: The process of |
| Stockbridge | | place before you cancel your old one | | converting a stock insurer to a mutual |
| San Jose | | to avoid a lapse in coverage. This will | | insurer, accomplished by having the |
| Longview | | also prevent having to figure out the | | insurer buy stock and retire it. |
| San Francisco | | amount of any unused premium that is | | |
| Boca Raton | | due to you from your old insurance | | Malinger: To feign a disability for the |
| Orange | | company, or having to spar with your | | purpose of continuing to collect |
| Austin | | agent about exactly when your policy | | benefits longer than actually |
| Venice | | was cancelled and how much they | | necessary. |
| Albany | | owe you. | | |
| New York | | | | Brokerage Business: Business |
| Corpus Christi | | Individuals who have 30-year | | offered to an insurer by a broker. This |
| Gulfport | | mortgages might want to consider a | | is sometimes called excess or |
| Berkeley | | 30-year term to ensure that the house | | surplus business. |
| South Bend | | is protected throughout the period of | | |
| Lancaster | | the loan. | | Theory of Probability: The |
| Erie | | | | mathematical principle upon which |
| Greenville | | Healthy people have the best | | insurance is based. |
| Fayetteville | | mortality risks and thus are much | | |
| Orlando | | cheaper for companies to insure. This | | Retrospective Premium: The final |
| Stockton | | translates into lower rates for the | | premium in a retrospective rating |
| Columbia | | Super Preferred customer than | | plan. See Retrospective Rating. |
| Inglewood | | someone with higher risk factors such | | |
| Fullerton | | as a heart condition, cancer or | | Indemnify: To restore the victim of a |
| Killeen | | diabetes. Conversely, if you were | | loss to the same position as before |
| Myrtle Beach | | unhealthy when you acquired your | | the loss occurred. |
| Palo Alto | | policy, and your health has now | | |
| Tempe | | improved, it might be time to shop for | | Monoline Policy: Any insurance |
| Whittier | | a new policy, as your rates are likely | | coverage written as a single line |
| Tacoma | | to be lower. | | policy. Contrast with Multiple Line or |
| Grand Junction | | | | Package policy. |
| Indianapolis | | If you decide to cancel your policy | | |
| Muncie | | (after acquiring new coverage) | | Building Code: This refers to |
| Decatur | | outside of the 30-day period, you may | | municipal or other governmental |
| Los Angeles | | have to pay a fee or penalty. | | ordinances regulating the type of |
| Long Beach | | However, you may still save money | | construction of buildings within its |
| Lansing | | after paying the fee if your new policy | | jurisdiction. |
| Milwaukee | | affords you significant savings. So | | |
| Slidell | | while it is best to wait until your | | |
| Stockton | | receive your renewal notice, you CAN | | |
| Quincy | | cancel your policy at any time. | | |
