| | | | |
|
| Huntsville | | Individuals who have 30-year | | Indemnity: Restoration to the victim of |
| Greeley | | mortgages might want to consider a | | a loss by payment, repair, or |
| Chandler | | 30-year term to ensure that the house | | replacement. |
| Naperville | | is protected throughout the period of | | |
| Racine | | the loan. | | Policy Anniversary: The anniversary |
| Lafayette | | | | of the date of issue of a policy as |
| Ocala | | While some companies raise their | | shown in the policy declarations. |
| Savannah | | prices based on your actual age, | | |
| Decatur | | most companies increase the price of | | Policy Period (or Term): The period |
| Lansing | | their policies six months before your | | during which the policy contract |
| Palm Harbor | | birthday. Its a term called Age | | affords protection, e.g., six months or |
| Biloxi | | Nearest in the industry, and that | | one or three years. |
| Johnson City | | half-year price increase could really | | |
| Spartanburg | | add up over a 20-year term policy. As | | Open Rating: A system whereby a |
| Portland | | above, the quicker you purchase your | | state allows an insurer to use rates |
| Alameda | | policy the better. | | without prior approval. |
