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| Fort Wayne | | The quickest and easiest way to | | Retrospective Premium: The final |
| Hattiesburg | | shop for new insurance is by | | premium in a retrospective rating |
| Venice | | comparing rates at InsWebs online | | plan. See Retrospective Rating. |
| Memphis | | marketplace. If you do it the | | |
| Seattle | | old-fashioned way (by calling or | | Substandard Risk: A risk not |
| Portsmouth | | visiting multiple agents or insurance | | measuring up to underwriting |
| Greensboro | | companies) it could take up a huge | | standards. It may still be written but |
| Clarksville | | chunk of your time, which no one | | usually at a surcharged premium. |
| Henderson | | wants or needs. By completing | | |
| Savannah | | InsWebs online application, you will | | Cut Rate: This term generally applies |
| Newport News | | have rates to compare to your old | | to insurance companies who charge |
| Springfield | | ones within minutes! | | premiums below a normal or average |
| Atlanta | | | | rate. |
| Roanoke | | If you decide to cancel your policy | | |
| Naperville | | (after acquiring new coverage) | | Shock Loss: A catastrophic loss so |
| Frederick | | outside of the 30-day period, you may | | large that it has a material effect on |
| Palm Desert | | have to pay a fee or penalty. | | the underwriting results of a company. |
| Arlington | | However, you may still save money | | |
| Florissant | | after paying the fee if your new policy | | Retail Credit Company: The former |
| Oklahoma City | | affords you significant savings. So | | name of Equifax, a credit reporting |
| Tuscaloosa | | while it is best to wait until your | | organization. See Equifax. |
| Long Beach | | receive your renewal notice, you CAN | | |
| Youngstown | | cancel your policy at any time. | | Malicious Mischief: Similar to |
| Texarkana | | | | vandalism. Purposely damaging the |
| Seattle | | While some companies raise their | | rights or property of another. |
| Flint | | prices based on your actual age, | | |
| Irvine | | most companies increase the price of | | Countersignature: The signature of a |
| Dearborn | | their policies six months before your | | licensed agent or representative on a |
| Daytona Beach | | birthday. Its a term called Age | | policy. |
| Spartanburg | | Nearest in the industry, and that | | |
| West Chester | | half-year price increase could really | | Expense Allowance: A compensation |
| Boise | | add up over a 20-year term policy. As | | paid to an insurance agent in excess |
| Wichita Falls | | above, the quicker you purchase your | | of prescribed commissions. |
| New Orleans | | policy the better. | | |
