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| Winter Park | | At InsWeb, you can compare free | | Replacement: A new policy written to |
| Columbus | | online insurance quotes from many of | | take the place of one currently in force. |
| West Chester | | the nations leading insurance | | |
| Burbank | | companies. | | Claim Report: A report filed by an |
| Duluth | | | | agent setting forth the facts of a claim. |
| West Chester | | Make sure you have a new policy in | | Same as Loss Report. |
| Ventura | | place before you cancel your old one | | |
| Tuscaloosa | | to avoid a lapse in coverage. This will | | Underinsurance: A condition in which |
| Lawton | | also prevent having to figure out the | | not enough insurance is carried to |
| Racine | | amount of any unused premium that is | | cover the insurable value. |
| Miami | | due to you from your old insurance | | |
| Goldsboro | | company, or having to spar with your | | Insurance to Value: Insurance written |
| El Paso | | agent about exactly when your policy | | in an amount approximating the value |
| Fall River | | was cancelled and how much they | | of the property insured. |
| Cedar Rapids | | owe you. | | |
| Trenton | | | | Loss Adjustment Expense: The cost |
| Waterloo | | The quickest and easiest way to | | of adjusting losses, excluding the |
| Delray Beach | | shop for new insurance is by | | amount of the loss itself. |
| Oakland | | comparing rates at InsWebs online | | |
| Sunnyvale | | marketplace. If you do it the | | Submitted Business: Applications for |
| Scranton | | old-fashioned way (by calling or | | insurance submitted to an insurer but |
| Portland | | visiting multiple agents or insurance | | not yet acted upon by it. |
| Nashville | | companies) it could take up a huge | | |
| Turlock | | chunk of your time, which no one | | Business: In Property, Liability, and |
| Anchorage | | wants or needs. By completing | | Health lines, it usually refers to the |
| Detroit | | InsWebs online application, you will | | volume of premiums. |
| Erie | | have rates to compare to your old | | |
| Gaithersburg | | ones within minutes! | | Criticism: A correction suggested by a |
| Little Rock | | | | rating or auditing bureau to an insurer. |
| Odessa | | Individuals who have 30-year | | |
| Jacksonville | | mortgages might want to consider a | | Net Loss: The amount of loss |
| Miami | | 30-year term to ensure that the house | | sustained by an insurer after giving |
| Spokane | | is protected throughout the period of | | effect to all applicable reinsurance, |
| Jasper | | the loan. | | salvage, and subrogation recoveries. |
