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| Houston | | If you have noticed that your auto | | Commercial Lines: This term is used |
| Clinton Township | | insurance rates are still increasing | | to refer to insurance for businesses, |
| South Bend | | with each renewal, or even have not | | professionals, and commercial |
| Hollywood | | gone down even though you have a | | establishments. |
| Spokane | | great driving record, this lower pricing | | |
| Wichita Falls | | trend makes it more important then | | Net Retention: The amount of |
| Evansville | | ever that you shop around for auto | | insurance that a ceding company |
| Redlands | | insurance. | | keeps for its own account and does |
| Orange | | | | not reinsure. |
| South Bend | | People who are trying to quit | | |
| Olympia | | smoking, for example, might be best | | Broker of Record: A broker who has |
| Erie | | suited purchasing a shorter term (and | | been designated to handle certain |
| Harlingen | | then replacing it with a longer term | | insurance contracts for the |
| Duluth | | policy when they qualify for | | policyholder. |
| Inglewood | | non-tobacco prices). | | |
| Carlsbad | | | | Agency Company: An insurance |
| Huntsville | | Why not take advantage of current | | company that produces business |
| Jackson | | low prices? Many auto insurance | | through an agency network. Contrast |
| Arlington | | consumers are becoming educated | | with Direct Writer. |
| Hollywood | | on other companies, plans, and rates | | |
| Columbus | | that are available to them; ones that | | Renewal: The reestablishment of the |
| Springfield | | could afford them significant savings | | in-force status of a policy, the term of |
| Tempe | | on their auto insurance. | | which has expired or will expire |
| San Diego | | | | unless it is renewed. |
| Greensboro | | Healthy people have the best | | |
| Vineland | | mortality risks and thus are much | | Convention Values: Values assigned |
| Thousand Oaks | | cheaper for companies to insure. This | | to insurers' assets in the convention |
| Vineland | | translates into lower rates for the | | blank. |
| Lawton | | Super Preferred customer than | | |
| Goldsboro | | someone with higher risk factors such | | Leasehold: An agreement which |
| Atlanta | | as a heart condition, cancer or | | gives a person the right to use and |
| Houma | | diabetes. Conversely, if you were | | occupy property. |
| Jonesboro | | unhealthy when you acquired your | | |
| Rockville | | policy, and your health has now | | Gross Premium: The net premium |
| Boynton Beach | | improved, it might be time to shop for | | plus operating expenses, |
| Panama City | | a new policy, as your rates are likely | | commissions and other expenses. |
| Stockton | | to be lower. | | |
