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| Pueblo | | The quickest and easiest way to | | Accidental Bodily Injury: An injury |
| Albany | | shop for new insurance is by | | sustained accidentally. Only the result |
| Duluth | | comparing rates at InsWebs online | | need be accidental. Contrast with |
| West Chester | | marketplace. If you do it the | | Accidental Means. |
| Indianapolis | | old-fashioned way (by calling or | | |
| Newburgh | | visiting multiple agents or insurance | | Society of Insurance Research: An |
| Frederick | | companies) it could take up a huge | | organization which encourages |
| Chula Vista | | chunk of your time, which no one | | insurance research and promotes the |
| Bradenton | | wants or needs. By completing | | exchange of ideas and methods of |
| Albany | | InsWebs online application, you will | | research. |
| Abilene | | have rates to compare to your old | | |
| Jacksonville | | ones within minutes! | | Burning Ratio: The ratio of losses |
| Louisville | | | | suffered to the amount of insurance in |
| Sioux City | | Make sure you have a new policy in | | effect. |
| Shreveport | | place before you cancel your old one | | |
| Syracuse | | to avoid a lapse in coverage. This will | | Fiduciary: A person holding the funds |
| Philadelphia | | also prevent having to figure out the | | or property of another in a position of |
| Fort Wayne | | amount of any unused premium that is | | trust. An example would be the |
| Spartanburg | | due to you from your old insurance | | executor of an estate. |
| New York | | company, or having to spar with your | | |
| Savannah | | agent about exactly when your policy | | Approved Roof: A term used in |
| Zanesville | | was cancelled and how much they | | building construction. It indicates a |
| St. Paul | | owe you. | | roof made of fire-resistive materials, |
| Brooklyn | | | | such as tile or asphalt shingles. |
| Mansfield | | Individuals who have 30-year | | |
| Glendale | | mortgages might want to consider a | | Independent Contractor: One who |
| San Jose | | 30-year term to ensure that the house | | agrees to perform according to a |
| Davenport | | is protected throughout the period of | | contract and who is not an employee. |
| Cedar Rapids | | the loan. | | |
| Oxnard | | | | Loss Adjustment Expense: The cost |
| Honolulu | | While some companies raise their | | of adjusting losses, excluding the |
| Montgomery | | prices based on your actual age, | | amount of the loss itself. |
| Indianapolis | | most companies increase the price of | | |
| Hot Springs | | their policies six months before your | | Agency Contract (or Agreement): The |
| Seattle | | birthday. Its a term called Age | | document which establishes the legal |
| Fall River | | Nearest in the industry, and that | | relationship between an agent and an |
| Harrisburg | | half-year price increase could really | | insurer. |
| Bay City | | add up over a 20-year term policy. As | | |
| Akron | | above, the quicker you purchase your | | |
| Belleville | | policy the better. | | |
