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| Newark | | The best time to switch policies is | | Renewal: The reestablishment of the |
| Bradenton | | within one month of receiving your | | in-force status of a policy, the term of |
| Raleigh | | policy renewal from your current | | which has expired or will expire |
| Walnut Creek | | insurer. You can typically cancel your | | unless it is renewed. |
| Clearwater | | policy without any fees or penalties if | | |
| Fremont | | you act within this time period. | | Indemnity: Restoration to the victim of |
| Orange Park | | | | a loss by payment, repair, or |
| Dayton | | If you have noticed that your auto | | replacement. |
| Worcester | | insurance rates are still increasing | | |
| Ocala | | with each renewal, or even have not | | Deductible: The portion of an insured |
| Orlando | | gone down even though you have a | | loss to be borne by the insured |
| Flint | | great driving record, this lower pricing | | before he is entitled to recovery from |
| Peoria | | trend makes it more important then | | the insurer. |
| Franklin | | ever that you shop around for auto | | |
| Columbus | | insurance. | | Mutualization: The process of |
| Grand Rapids | | | | converting a stock insurer to a mutual |
| Billings | | Make sure you have a new policy in | | insurer, accomplished by having the |
| Lowell | | place before you cancel your old one | | insurer buy stock and retire it. |
| New Orleans | | to avoid a lapse in coverage. This will | | |
| Phoenix | | also prevent having to figure out the | | Interstate Carrier: A transportation |
| Springfield | | amount of any unused premium that is | | company which does business |
| Fairfax | | due to you from your old insurance | | across state lines. |
| Springfield | | company, or having to spar with your | | |
| Toledo | | agent about exactly when your policy | | You/Your: These words are used to |
| Lexington | | was cancelled and how much they | | refer to the named insured in many of |
| Gulfport | | owe you. | | the modernized/personalized policy |
| Grand Prairie | | | | forms. |
| Flushing | | Healthy people have the best | | |
| Elkhart | | mortality risks and thus are much | | Submitted Business: Applications for |
| Bethlehem | | cheaper for companies to insure. This | | insurance submitted to an insurer but |
| Goldsboro | | translates into lower rates for the | | not yet acted upon by it. |
| Duluth | | Super Preferred customer than | | |
| Owensboro | | someone with higher risk factors such | | Other Insurance: The existence of |
| Pasadena | | as a heart condition, cancer or | | other contracts covering the same |
| Huntsville | | diabetes. Conversely, if you were | | interest and perils. |
| Williamsburg | | unhealthy when you acquired your | | |
| Yonkers | | policy, and your health has now | | |
| Tampa | | improved, it might be time to shop for | | |
| Spartanburg | | a new policy, as your rates are likely | | |
| Costa Mesa | | to be lower. | | |
