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| Decatur | | People who are trying to quit | | Underinsurance: A condition in which |
| Edison | | smoking, for example, might be best | | not enough insurance is carried to |
| Grand Junction | | suited purchasing a shorter term (and | | cover the insurable value. |
| Nashua | | then replacing it with a longer term | | |
| Spartanburg | | policy when they qualify for | | Approved: The condition which exists |
| Gainesville | | non-tobacco prices). | | when the person or object to be |
| Vero Beach | | | | insured meets the underwriting |
| Austin | | Why not take advantage of current | | standards of the insurer. |
| San Diego | | low prices? Many auto insurance | | |
| Odessa | | consumers are becoming educated | | Stock Option Plan: Surviving |
| Decatur | | on other companies, plans, and rates | | stockholders have the option to |
| South Bend | | that are available to them; ones that | | purchase or not purchase the shares |
| Irvine | | could afford them significant savings | | of a deceased stockholder. |
| Lansing | | on their auto insurance. | | |
| Clinton Township | | | | Open Rating: A system whereby a |
| Billings | | Individuals who have 30-year | | state allows an insurer to use rates |
| Sunnyvale | | mortgages might want to consider a | | without prior approval. |
| Fresno | | 30-year term to ensure that the house | | |
| Grand Junction | | is protected throughout the period of | | Provisional Rate: Tentative rates, |
| Fresno | | the loan. | | premiums or commissions that are |
| Boston | | | | subject to subsequent adjustment. |
| Billings | | If you have noticed that your auto | | See Commission and Premium. |
| Glendale | | insurance rates are still increasing | | |
| Florence | | with each renewal, or even have not | | Inspection: Independent checking on |
| Chattanooga | | gone down even though you have a | | facts about an applicant, |
| Omaha | | great driving record, this lower pricing | | policyholder, or claimant, usually by a |
| Stockbridge | | trend makes it more important then | | commercial inspection agency. |
| Irvine | | ever that you shop around for auto | | |
| Portland | | insurance. | | Book Value: Refers to the value of |
| Houma | | | | assets as shown in the official |
| Nashville | | The best time to switch policies is | | accounting records of the company. |
| Sacramento | | within one month of receiving your | | |
| Bloomington | | policy renewal from your current | | Tariff Rate: A rate established by a |
| Fredericksburg | | insurer. You can typically cancel your | | rating organization, which comes from |
| Albany | | policy without any fees or penalties if | | the tables, schedules and rules found |
| Lincoln | | you act within this time period. | | in the tariff of rates. |
