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| Myrtle Beach | | Shopping around is the best way to | | Policy Period (or Term): The period |
| Phoenix | | save money on your insurance. | | during which the policy contract |
| Corpus Christi | | | | affords protection, e.g., six months or |
| Winter Haven | | Why not take advantage of current | | one or three years. |
| Long Island City | | low prices? Many auto insurance | | |
| Baton Rouge | | consumers are becoming educated | | Net Interest Earned: The average |
| El Cajon | | on other companies, plans, and rates | | interest earned by an insurer on its |
| Worcester | | that are available to them; ones that | | investments after investment expense |
| Rockford | | could afford them significant savings | | but before federal income taxes. |
| Raleigh | | on their auto insurance. | | |
| Wilmington | | | | Premises: The particular location of |
| Alameda | | At InsWeb, you can compare free | | property or a portion thereof as |
| Zanesville | | online insurance quotes from many of | | designated in a policy. |
| Columbia | | the nations leading insurance | | |
| Orange | | companies. | | Agency Contract (or Agreement): The |
| Longview | | | | document which establishes the legal |
| St. Joseph | | Make sure you have a new policy in | | relationship between an agent and an |
| Youngstown | | place before you cancel your old one | | insurer. |
| Cleveland | | to avoid a lapse in coverage. This will | | |
| Zanesville | | also prevent having to figure out the | | Agent's Balance: A periodic |
| Fayetteville | | amount of any unused premium that is | | statement of the sums due and owed |
| Waco | | due to you from your old insurance | | to an agent under the agent's contract |
| Riverside | | company, or having to spar with your | | with an insurer. |
| Vero Beach | | agent about exactly when your policy | | |
| Baton Rouge | | was cancelled and how much they | | Amendment: A formal document |
| Fort Myers | | owe you. | | which corrects or revises an |
| Tuscaloosa | | | | insurance master policy. |
| Spring Hill | | If you decide to cancel your policy | | |
| Worcester | | (after acquiring new coverage) | | Calendar Year Experience: This |
| Pasadena | | outside of the 30-day period, you may | | measures the premiums and losses |
| Johnson City | | have to pay a fee or penalty. | | entered on accounting records during |
| Syracuse | | However, you may still save money | | the 12-month calendar. |
| Cincinnati | | after paying the fee if your new policy | | |
| Dallas | | affords you significant savings. So | | Will Ride: Coverage that remains in |
| Mountain View | | while it is best to wait until your | | effect regardless of the geographical |
| Newport News | | receive your renewal notice, you CAN | | location in which a loss occurs. |
| Hampton | | cancel your policy at any time. | | |
