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| Dubuque | | Make sure you have a new policy in | | Liquidity: The ability of an insurer to |
| Athens | | place before you cancel your old one | | convert its assets into cash to pay |
| Las Vegas | | to avoid a lapse in coverage. This will | | claims if necessary. |
| Albany | | also prevent having to figure out the | | |
| Downey | | amount of any unused premium that is | | Calendar Year Experience: This |
| Texarkana | | due to you from your old insurance | | measures the premiums and losses |
| South Bend | | company, or having to spar with your | | entered on accounting records during |
| Greeley | | agent about exactly when your policy | | the 12-month calendar. |
| Winter Park | | was cancelled and how much they | | |
| Valdosta | | owe you. | | Losses Incurred: The total losses, |
| Pompano Beach | | | | whether paid or not, sustained by an |
| Wilmington | | The best time to switch policies is | | insurer during a given period, e.g., 12 |
| Jasper | | within one month of receiving your | | months. |
| Malden | | policy renewal from your current | | |
| Boston | | insurer. You can typically cancel your | | Endorsement: A written or printed form |
| Canton | | policy without any fees or penalties if | | attached to the policy which alters |
| Pompano Beach | | you act within this time period. | | provisions of the contract. |
