| | | | |
|
| Grand Prairie | | The quickest and easiest way to | | Claim Report: A report filed by an |
| Birmingham | | shop for new insurance is by | | agent setting forth the facts of a claim. |
| Scranton | | comparing rates at InsWebs online | | Same as Loss Report. |
| Franklin | | marketplace. If you do it the | | |
| Fredericksburg | | old-fashioned way (by calling or | | Multi-Peril Policies: Policies which |
| Mesa | | visiting multiple agents or insurance | | cover a number of perils, such as fire, |
| Tucson | | companies) it could take up a huge | | burglary, and liability, in a single |
| Grand Junction | | chunk of your time, which no one | | contract. |
| Pompano Beach | | wants or needs. By completing | | |
| Columbus | | InsWebs online application, you will | | First Party Insurance: Insurance which |
| Birmingham | | have rates to compare to your old | | applies to coverage for the insured's |
| Louisville | | ones within minutes! | | own property or person. Contrast with |
| Boise | | | | Third Party Insurance. |
| Decatur | | Healthy people have the best | | |
| Fayetteville | | mortality risks and thus are much | | Deflation: An economic period |
| Plano | | cheaper for companies to insure. This | | characterized by falling prices, high |
| Hampton | | translates into lower rates for the | | unemployment and a generally |
| Springfield | | Super Preferred customer than | | sluggish or slow economy. |
| Fresno | | someone with higher risk factors such | | |
| Independence | | as a heart condition, cancer or | | Monoline Policy: Any insurance |
| Tempe | | diabetes. Conversely, if you were | | coverage written as a single line |
| Charlotte | | unhealthy when you acquired your | | policy. Contrast with Multiple Line or |
| Newport News | | policy, and your health has now | | Package policy. |
| Naperville | | improved, it might be time to shop for | | |
| Glendale | | a new policy, as your rates are likely | | Director of Insurance: A title used in |
| Fresno | | to be lower. | | some states for the head of the |
| Lowell | | | | department of insurance. |
| Seattle | | If you decide to cancel your policy | | |
| Dearborn | | (after acquiring new coverage) | | Lapsed Policy: One which has been |
| Montgomery | | outside of the 30-day period, you may | | allowed to expire because of |
| Bradenton | | have to pay a fee or penalty. | | nonpayment of premiums. |
| Toledo | | However, you may still save money | | |
| Whittier | | after paying the fee if your new policy | | Capital Sum: The maximum lump sum |
| Columbia | | affords you significant savings. So | | payable in the event of accidental |
| Clinton Township | | while it is best to wait until your | | death or dismemberment. |
| Virginia Beach | | receive your renewal notice, you CAN | | |
| Tallahassee | | cancel your policy at any time. | | |
