| | | | |
|
| Burbank | | While some companies raise their | | Short-Term Policy: A policy written for |
| Baton Rouge | | prices based on your actual age, | | a period of less time than is normal for |
| Fremont | | most companies increase the price of | | that type of policy. |
| Ventura | | their policies six months before your | | |
| White Plains | | birthday. Its a term called Age | | Endorsement: A written or printed form |
| Jonesboro | | Nearest in the industry, and that | | attached to the policy which alters |
| Buffalo | | half-year price increase could really | | provisions of the contract. |
| Bradenton | | add up over a 20-year term policy. As | | |
| Escondido | | above, the quicker you purchase your | | National Auto Theft Bureau: An |
| Livonia | | policy the better. | | organization engaged in the |
| Fullerton | | | | prevention and reduction of motor |
| Muskegon | | If you decide to cancel your policy | | vehicle fire and theft losses. |
| Austin | | (after acquiring new coverage) | | |
| Lakeland | | outside of the 30-day period, you may | | Insurance Examiner: The |
| Jackson | | have to pay a fee or penalty. | | representative of a state insurance |
| Raleigh | | However, you may still save money | | department assigned to participate in |
| Conroe | | after paying the fee if your new policy | | the official audit and examination of |
| Delray Beach | | affords you significant savings. So | | an insurer. |
| Lakeland | | while it is best to wait until your | | |
| Slidell | | receive your renewal notice, you CAN | | Amendment: A formal document |
| Jackson | | cancel your policy at any time. | | which corrects or revises an |
| Littleton | | | | insurance master policy. |
| Berkeley | | The best time to switch policies is | | |
| Tuscaloosa | | within one month of receiving your | | Claim: A demand made by the |
| Grand Rapids | | policy renewal from your current | | insured, or the insured's beneficiary, |
| Nashua | | insurer. You can typically cancel your | | for payment of the benefits provided |
| Warren | | policy without any fees or penalties if | | by the contract. |
| Owensboro | | you act within this time period. | | |
| Naperville | | | | Standard Industry Code (SIC): This is |
| Bloomington | | Healthy people have the best | | a coding system which assigns |
| Portland | | mortality risks and thus are much | | separate codes for different types of |
| San Bernardino | | cheaper for companies to insure. This | | industries. |
| Killeen | | translates into lower rates for the | | |
| Fort Collins | | Super Preferred customer than | | Net Loss: The amount of loss |
| Waterloo | | someone with higher risk factors such | | sustained by an insurer after giving |
| Lafayette | | as a heart condition, cancer or | | effect to all applicable reinsurance, |
| Tyler | | diabetes. Conversely, if you were | | salvage, and subrogation recoveries. |
| Chattanooga | | unhealthy when you acquired your | | |
| Newburgh | | policy, and your health has now | | |
| Winter Park | | improved, it might be time to shop for | | |
| Schaumburg | | a new policy, as your rates are likely | | |
| Lawton | | to be lower. | | |
