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| Columbus | | If you have noticed that your auto | | Nonassignable: A policy that the |
| Arlington | | insurance rates are still increasing | | owner cannot assign to a third party. |
| Salem | | with each renewal, or even have not | | Most policies are nonassignable |
| Quincy | | gone down even though you have a | | unless approval is given by the |
| Duluth | | great driving record, this lower pricing | | insurer. |
| Cranston | | trend makes it more important then | | |
| Hattiesburg | | ever that you shop around for auto | | Policywriting Agent: An agent who has |
| Tallahassee | | insurance. | | the authority to prepare and effect an |
| Daytona Beach | | | | insurer's policy. |
| Huntington | | The best time to switch policies is | | |
| Asheville | | within one month of receiving your | | Interline Endorsement: Commercial |
| Florence | | policy renewal from your current | | endorsements that apply, or could |
| Dallas | | insurer. You can typically cancel your | | apply, to more than one coverage |
| Union | | policy without any fees or penalties if | | part of a package policy. |
| Lowell | | you act within this time period. | | |
| Oceanside | | | | Tabular Plan: A retrospective rating |
| Ventura | | People who are trying to quit | | plan, which uses tables to furnish the |
| Lansing | | smoking, for example, might be best | | various values for the rating formula. |
| Longwood | | suited purchasing a shorter term (and | | |
| Bellevue | | then replacing it with a longer term | | Depreciation: A decrease in the value |
| Memphis | | policy when they qualify for | | of any type of tangible property over |
| Mesquite | | non-tobacco prices). | | a period of time resulting from use, |
| Boston | | | | wear and tear, or obsolescence. |
| Roanoke | | If you decide to cancel your policy | | |
| Huntington Beach | | (after acquiring new coverage) | | Amendment: A formal document |
| Garland | | outside of the 30-day period, you may | | which corrects or revises an |
| Corpus Christi | | have to pay a fee or penalty. | | insurance master policy. |
| Jersey City | | However, you may still save money | | |
| Gulfport | | after paying the fee if your new policy | | Loss Adjustment Expense: The cost |
| Honolulu | | affords you significant savings. So | | of adjusting losses, excluding the |
| Columbia | | while it is best to wait until your | | amount of the loss itself. |
| Quincy | | receive your renewal notice, you CAN | | |
| Lima | | cancel your policy at any time. | | Open Rating: A system whereby a |
| Long Island City | | | | state allows an insurer to use rates |
| Fayetteville | | | | without prior approval. |
