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| Kalamazoo | | While some companies raise their | | Claim: A demand made by the |
| St. Louis | | prices based on your actual age, | | insured, or the insured's beneficiary, |
| Dearborn | | most companies increase the price of | | for payment of the benefits provided |
| Portland | | their policies six months before your | | by the contract. |
| Quincy | | birthday. Its a term called Age | | |
| Fresno | | Nearest in the industry, and that | | License: A certification of authority for |
| Lafayette | | half-year price increase could really | | an agent or insurer to operate, given |
| Alexandria | | add up over a 20-year term policy. As | | by the appropriate jurisdiction. |
| Denver | | above, the quicker you purchase your | | |
| Duluth | | policy the better. | | Level Commission System: A system |
| Anaheim | | | | of commissions in which the first year |
| Green Bay | | The quickest and easiest way to | | and all renewal commissions are the |
| Cleveland | | shop for new insurance is by | | same percentage of the premium. |
| Lima | | comparing rates at InsWebs online | | |
| Orlando | | marketplace. If you do it the | | Shock Loss: A catastrophic loss so |
| Westbury | | old-fashioned way (by calling or | | large that it has a material effect on |
| Bakersfield | | visiting multiple agents or insurance | | the underwriting results of a company. |
| Poughkeepsie | | companies) it could take up a huge | | |
| Midland | | chunk of your time, which no one | | Premises: The particular location of |
| Charlotte | | wants or needs. By completing | | property or a portion thereof as |
| Evansville | | InsWebs online application, you will | | designated in a policy. |
| Santa Ana | | have rates to compare to your old | | |
| Alpharetta | | ones within minutes! | | Partial Loss: A loss covered by an |
| Dearborn | | | | insurance policy which does not |
| Spring Hill | | At InsWeb, you can compare free | | completely destroy or render |
| Overland Park | | online insurance quotes from many of | | worthless the insured property. |
| Chattanooga | | the nations leading insurance | | |
| Acworth | | companies. | | Accident Year Experience: Measures |
| Arlington | | | | premiums and losses relating to |
| Ogden | | Make sure you have a new policy in | | accidents which occurred during a |
| Columbus | | place before you cancel your old one | | 12-month period. |
| Long Beach | | to avoid a lapse in coverage. This will | | |
| Newburgh | | also prevent having to figure out the | | We/Us/Our: These words are used to |
| Jackson | | amount of any unused premium that is | | refer to the insurer in many of the |
| Midland | | due to you from your old insurance | | modernized/personalized policy |
| Lincoln | | company, or having to spar with your | | forms recently introduced. |
| Melbourne | | agent about exactly when your policy | | |
| Boulder | | was cancelled and how much they | | |
| Des Moines | | owe you. | | |
