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| Kalamazoo | | The best time to switch policies is | | Retrospective Premium: The final |
| Detroit | | within one month of receiving your | | premium in a retrospective rating |
| Rockville | | policy renewal from your current | | plan. See Retrospective Rating. |
| Roanoke | | insurer. You can typically cancel your | | |
| Mesa | | policy without any fees or penalties if | | Level Commission System: A system |
| Fremont | | you act within this time period. | | of commissions in which the first year |
| Lancaster | | | | and all renewal commissions are the |
| Memphis | | At InsWeb, you can compare free | | same percentage of the premium. |
| Winter Park | | online insurance quotes from many of | | |
| Kansas City | | the nations leading insurance | | Standard Industry Code (SIC): This is |
| Newport News | | companies. | | a coding system which assigns |
| Bradenton | | | | separate codes for different types of |
| Jackson | | While some companies raise their | | industries. |
| St. Paul | | prices based on your actual age, | | |
| Spartanburg | | most companies increase the price of | | Premises: The particular location of |
| Flint | | their policies six months before your | | property or a portion thereof as |
| Arlington | | birthday. Its a term called Age | | designated in a policy. |
| Columbia | | Nearest in the industry, and that | | |
| Toms River | | half-year price increase could really | | Appraisal: An evaluation of property |
| Clearwater | | add up over a 20-year term policy. As | | made to ascertain either the |
| Atlanta | | above, the quicker you purchase your | | appropriate amount of insurance to |
| Johnstown | | policy the better. | | be written or the amount of loss to be |
| Whittier | | | | paid. |
| Austin | | People who are trying to quit | | |
| Naperville | | smoking, for example, might be best | | Partnership Entity: The partnership |
| Columbus | | suited purchasing a shorter term (and | | considered as an entity and not in |
| Venice | | then replacing it with a longer term | | terms of its individual part-owners. |
| Overland Park | | policy when they qualify for | | |
| Harrisburg | | non-tobacco prices). | | Premium Notice: A form notice from |
| Arlington | | | | an insurer or agency to a policy |
| Cambridge | | The quickest and easiest way to | | owner that a premium will be due on a |
| Sioux City | | shop for new insurance is by | | given date. |
| Odessa | | comparing rates at InsWebs online | | |
| Fairfax | | marketplace. If you do it the | | Tickler: A reminder system used to |
| Henderson | | old-fashioned way (by calling or | | call an individual's attention to actions |
| Cape Coral | | visiting multiple agents or insurance | | that must be taken at a future point in |
| Florence | | companies) it could take up a huge | | time. |
| Dearborn | | chunk of your time, which no one | | |
| Charleston | | wants or needs. By completing | | |
| Myrtle Beach | | InsWebs online application, you will | | |
| Warren | | have rates to compare to your old | | |
| Whittier | | ones within minutes! | | |
