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| Florence | | Make sure you have a new policy in | | Liquidity: The ability of an insurer to |
| Kalamazoo | | place before you cancel your old one | | convert its assets into cash to pay |
| Richmond | | to avoid a lapse in coverage. This will | | claims if necessary. |
| Sacramento | | also prevent having to figure out the | | |
| Muncie | | amount of any unused premium that is | | Deductible: The portion of an insured |
| Denton | | due to you from your old insurance | | loss to be borne by the insured |
| Canton | | company, or having to spar with your | | before he is entitled to recovery from |
| Pittsburgh | | agent about exactly when your policy | | the insurer. |
| Greeley | | was cancelled and how much they | | |
| Scranton | | owe you. | | Retrospective Premium: The final |
| Woodbridge | | | | premium in a retrospective rating |
| Lincoln | | If you decide to cancel your policy | | plan. See Retrospective Rating. |
| Billings | | (after acquiring new coverage) | | |
| Athens | | outside of the 30-day period, you may | | Paid-In Surplus: Surplus paid in by |
| Silver Spring | | have to pay a fee or penalty. | | stockholders, as contrasted with |
| Oceanside | | However, you may still save money | | surplus earned through the |
| Birmingham | | after paying the fee if your new policy | | operations of a business. |
| Norfolk | | affords you significant savings. So | | |
| Fresno | | while it is best to wait until your | | Agent's Balance: A periodic |
| Baton Rouge | | receive your renewal notice, you CAN | | statement of the sums due and owed |
| Escondido | | cancel your policy at any time. | | to an agent under the agent's contract |
| Muncie | | | | with an insurer. |
| Gulfport | | The best time to switch policies is | | |
| Newport Beach | | within one month of receiving your | | War Risk Insurance: Insurance |
| Nashua | | policy renewal from your current | | covering damage caused by war. |
| Florence | | insurer. You can typically cancel your | | Most often written by Ocean Marine |
| Cape Coral | | policy without any fees or penalties if | | Insurance companies covering |
| New Port Richey | | you act within this time period. | | vessels. |