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| Eugene | | While some companies raise their | | Renewal: The reestablishment of the |
| Providence | | prices based on your actual age, | | in-force status of a policy, the term of |
| Cambridge | | most companies increase the price of | | which has expired or will expire |
| Sumter | | their policies six months before your | | unless it is renewed. |
| Sunnyvale | | birthday. Its a term called Age | | |
| Redlands | | Nearest in the industry, and that | | Capital Sum: The maximum lump sum |
| Fairfax | | half-year price increase could really | | payable in the event of accidental |
| Panama City | | add up over a 20-year term policy. As | | death or dismemberment. |
| Clinton Township | | above, the quicker you purchase your | | |
| Clearwater | | policy the better. | | First Party Insurance: Insurance which |
| Providence | | | | applies to coverage for the insured's |
| Detroit | | People who are trying to quit | | own property or person. Contrast with |
| Corpus Christi | | smoking, for example, might be best | | Third Party Insurance. |
| Columbia | | suited purchasing a shorter term (and | | |
| Escondido | | then replacing it with a longer term | | Net Loss: The amount of loss |
| Portsmouth | | policy when they qualify for | | sustained by an insurer after giving |
| Amarillo | | non-tobacco prices). | | effect to all applicable reinsurance, |
| Midland | | | | salvage, and subrogation recoveries. |
| Lorain | | If you have noticed that your auto | | |
| Staten Island | | insurance rates are still increasing | | Replacement: A new policy written to |
| Greeley | | with each renewal, or even have not | | take the place of one currently in force. |
| Vero Beach | | gone down even though you have a | | |
| San Francisco | | great driving record, this lower pricing | | Gross Premium: The net premium |
| Durham | | trend makes it more important then | | plus operating expenses, |
| Hollywood | | ever that you shop around for auto | | commissions and other expenses. |
| Sacramento | | insurance. | | |
| Greenville | | | | Index Bureau Experience: A measure |
| Longwood | | Individuals who have 30-year | | of losses relating to claims reported |
| Littleton | | mortgages might want to consider a | | through a claim office during a |
| Spring Hill | | 30-year term to ensure that the house | | 12-month period. |
| Hemet | | is protected throughout the period of | | |
| Rome | | the loan. | | Interline Endorsement: Commercial |
| Cookeville | | | | endorsements that apply, or could |
| Acworth | | Make sure you have a new policy in | | apply, to more than one coverage |
| Cranston | | place before you cancel your old one | | part of a package policy. |
| Hattiesburg | | to avoid a lapse in coverage. This will | | |
| Gulfport | | also prevent having to figure out the | | |
| Bakersfield | | amount of any unused premium that is | | |
| White Plains | | due to you from your old insurance | | |
| Newport Beach | | company, or having to spar with your | | |
| Duluth | | agent about exactly when your policy | | |
| Lafayette | | was cancelled and how much they | | |
| Indianapolis | | owe you. | | |
