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| Burbank | | Make sure you have a new policy in | | Retrospective Premium: The final |
| Overland Park | | place before you cancel your old one | | premium in a retrospective rating |
| Alexandria | | to avoid a lapse in coverage. This will | | plan. See Retrospective Rating. |
| Troy | | also prevent having to figure out the | | |
| Corpus Christi | | amount of any unused premium that is | | Replacement: A new policy written to |
| Erie | | due to you from your old insurance | | take the place of one currently in force. |
| Long Island City | | company, or having to spar with your | | |
| Acworth | | agent about exactly when your policy | | Standard Industry Code (SIC): This is |
| Irving | | was cancelled and how much they | | a coding system which assigns |
| Knoxville | | owe you. | | separate codes for different types of |
| Dayton | | | | industries. |
| Kansas City | | If you have noticed that your auto | | |
| Pueblo | | insurance rates are still increasing | | Accident Year Experience: Measures |
| Anderson | | with each renewal, or even have not | | premiums and losses relating to |
| Carlsbad | | gone down even though you have a | | accidents which occurred during a |
| Hendersonville | | great driving record, this lower pricing | | 12-month period. |
| Orlando | | trend makes it more important then | | |
| Springfield | | ever that you shop around for auto | | Will Ride: Coverage that remains in |
| South Bend | | insurance. | | effect regardless of the geographical |
| Marietta | | | | location in which a loss occurs. |
| Spokane | | If you decide to cancel your policy | | |
| Orlando | | (after acquiring new coverage) | | Agency: An insurance sales office |
| Hendersonville | | outside of the 30-day period, you may | | which is directed by a agent, |
| Bloomington | | have to pay a fee or penalty. | | manager, independent agent, or |
| Frederick | | However, you may still save money | | company manager. |
| Cedar Rapids | | after paying the fee if your new policy | | |
| Thousand Oaks | | affords you significant savings. So | | Liquidity: The ability of an insurer to |
| Augusta | | while it is best to wait until your | | convert its assets into cash to pay |
| Owensboro | | receive your renewal notice, you CAN | | claims if necessary. |
| Wichita | | cancel your policy at any time. | | |
| Riverside | | | | Admitted (or Allowed) Assets: Assets |
| Oakland | | The quickest and easiest way to | | whose values are permitted by state |
| Scranton | | shop for new insurance is by | | law to be included in the annual |
| Vancouver | | comparing rates at InsWebs online | | statement of the insurer. |
| Detroit | | marketplace. If you do it the | | |
| Lake Worth | | old-fashioned way (by calling or | | |
| Newport Beach | | visiting multiple agents or insurance | | |
| San Bernardino | | companies) it could take up a huge | | |
| Mansfield | | chunk of your time, which no one | | |
| Waterloo | | wants or needs. By completing | | |
| Bakersfield | | InsWebs online application, you will | | |
| Fort Smith | | have rates to compare to your old | | |
| Longwood | | ones within minutes! | | |
