| | | | |
|
| Lakeland | | If you decide to cancel your policy | | Depreciation: A decrease in the value |
| Lowell | | (after acquiring new coverage) | | of any type of tangible property over |
| Topeka | | outside of the 30-day period, you may | | a period of time resulting from use, |
| Stuart | | have to pay a fee or penalty. | | wear and tear, or obsolescence. |
| Grand Rapids | | However, you may still save money | | |
| Williamsport | | after paying the fee if your new policy | | Overlapping Insurance: Coverage |
| Wilmington | | affords you significant savings. So | | from two or more policies or insurers |
| Newport News | | while it is best to wait until your | | which duplicates coverage of certain |
| Dearborn | | receive your renewal notice, you CAN | | risks. |
| Bronx | | cancel your policy at any time. | | |
| Fremont | | | | Open Rating: A system whereby a |
| St. Joseph | | Healthy people have the best | | state allows an insurer to use rates |
| Williamsport | | mortality risks and thus are much | | without prior approval. |
| Hattiesburg | | cheaper for companies to insure. This | | |
| Inglewood | | translates into lower rates for the | | Inspection: Independent checking on |
| Huntington Beach | | Super Preferred customer than | | facts about an applicant, |
| Anchorage | | someone with higher risk factors such | | policyholder, or claimant, usually by a |
| Dothan | | as a heart condition, cancer or | | commercial inspection agency. |
| Clinton Township | | diabetes. Conversely, if you were | | |
| Delray Beach | | unhealthy when you acquired your | | Equity: The money value of an |
| Manchester | | policy, and your health has now | | insurance company that is over and |
| Salem | | improved, it might be time to shop for | | above its liabilities. Liabilities include |
| Sumter | | a new policy, as your rates are likely | | almost all of its reserves. |
| Independence | | to be lower. | | |
| Newport Beach | | | | Line of Business: The classification of |
| Stuart | | At InsWeb, you can compare free | | business as utilized in the insurance |
| St. Louis | | online insurance quotes from many of | | industry, e.g., Fire, Allied Lines and |
| Lexington | | the nations leading insurance | | Homeowners. |
| Asheville | | companies. | | |
| Odessa | | | | Premises: The particular location of |
| Odessa | | Why not take advantage of current | | property or a portion thereof as |
| St. Paul | | low prices? Many auto insurance | | designated in a policy. |
| Miami | | consumers are becoming educated | | |
| Scottsdale | | on other companies, plans, and rates | | Agent's Qualification Law: Education, |
| Ocala | | that are available to them; ones that | | experience, and other requirements |
| Johnson City | | could afford them significant savings | | imposed by the state upon persons |
| Scranton | | on their auto insurance. | | desiring to be licensed as agents. |
