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| Irvine | | Shopping around is the best way to | | Equity: The money value of an |
| Hendersonville | | save money on your insurance. | | insurance company that is over and |
| Syracuse | | | | above its liabilities. Liabilities include |
| Billings | | Healthy people have the best | | almost all of its reserves. |
| Flint | | mortality risks and thus are much | | |
| Saginaw | | cheaper for companies to insure. This | | Lapsed Policy: One which has been |
| Charlotte | | translates into lower rates for the | | allowed to expire because of |
| Wichita Falls | | Super Preferred customer than | | nonpayment of premiums. |
| Poughkeepsie | | someone with higher risk factors such | | |
| Kansas City | | as a heart condition, cancer or | | Buy-Back" Deductible: A deductible |
| Bakersfield | | diabetes. Conversely, if you were | | which may be eliminated for an |
| Macon | | unhealthy when you acquired your | | additional premium in order to |
| Williamsport | | policy, and your health has now | | provide "first-dollar" coverage. |
| Lubbock | | improved, it might be time to shop for | | |
| Atlanta | | a new policy, as your rates are likely | | Broker-Agent: One acting as an agent |
| Wichita Falls | | to be lower. | | of one or more insurers and as a |
| Cranston | | | | broker in dealing with one or more |
| North Hollywood | | If you have noticed that your auto | | other insurers. |
| Augusta | | insurance rates are still increasing | | |
| Tucson | | with each renewal, or even have not | | Level Commission System: A system |
| Racine | | gone down even though you have a | | of commissions in which the first year |
| Schaumburg | | great driving record, this lower pricing | | and all renewal commissions are the |
| Lafayette | | trend makes it more important then | | same percentage of the premium. |
| Baltimore | | ever that you shop around for auto | | |
| Sunnyvale | | insurance. | | Policy Anniversary: The anniversary |
| Corpus Christi | | | | of the date of issue of a policy as |
| Dallas | | People who are trying to quit | | shown in the policy declarations. |
| Newport News | | smoking, for example, might be best | | |
| Lafayette | | suited purchasing a shorter term (and | | Partial Loss: A loss covered by an |
| Trenton | | then replacing it with a longer term | | insurance policy which does not |
| Dayton | | policy when they qualify for | | completely destroy or render |
| Colorado Springs | | non-tobacco prices). | | worthless the insured property. |
