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| Decatur | | Shopping around is the best way to | | Broker of Record: A broker who has |
| Downey | | save money on your insurance. | | been designated to handle certain |
| Colorado Springs | | | | insurance contracts for the |
| Erie | | While some companies raise their | | policyholder. |
| Johnstown | | prices based on your actual age, | | |
| New York | | most companies increase the price of | | Single Limit: Any insurance coverage |
| Winter Haven | | their policies six months before your | | which is expressed as a single |
| Pembroke Pines | | birthday. Its a term called Age | | amount of insurance, or a single limit |
| Dubuque | | Nearest in the industry, and that | | of liability. Contrast with Split Limit. |
| Honolulu | | half-year price increase could really | | |
| Hot Springs | | add up over a 20-year term policy. As | | Equity: The money value of an |
| Williamsport | | above, the quicker you purchase your | | insurance company that is over and |
| Norwalk | | policy the better. | | above its liabilities. Liabilities include |
| Yonkers | | | | almost all of its reserves. |
| Warren | | If you have noticed that your auto | | |
| Newark | | insurance rates are still increasing | | Operating Expense: The expense of |
| Poughkeepsie | | with each renewal, or even have not | | an insurer other than commissions |
| Boston | | gone down even though you have a | | and taxes. Called " and Insurance |
| Columbia | | great driving record, this lower pricing | | Expense" in the convention statement |
| Plano | | trend makes it more important then | | blank. |
| Corpus Christi | | ever that you shop around for auto | | |
| Arlington | | insurance. | | Director of Insurance: A title used in |
| Bloomington | | | | some states for the head of the |
| Billings | | Make sure you have a new policy in | | department of insurance. |
| Charlotte | | place before you cancel your old one | | |
| Colorado Springs | | to avoid a lapse in coverage. This will | | Business: In Property, Liability, and |
| Miami | | also prevent having to figure out the | | Health lines, it usually refers to the |
| Baltimore | | amount of any unused premium that is | | volume of premiums. |
| Lakewood | | due to you from your old insurance | | |
| Williamsburg | | company, or having to spar with your | | Premium Receipt: The receipt given |
| Sarasota | | agent about exactly when your policy | | a policy owner for the payment of a |
| Louisville | | was cancelled and how much they | | premium. |
| Warwick | | owe you. | | |
| Chesapeake | | | | You/Your: These words are used to |
| Panama City | | | | refer to the named insured in many of |
| Atlanta | | | | the modernized/personalized policy |
| Minneapolis | | | | forms. |
