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| Clearwater | | If you have noticed that your auto | | Retrospective Premium: The final |
| Toms River | | insurance rates are still increasing | | premium in a retrospective rating |
| Spring Hill | | with each renewal, or even have not | | plan. See Retrospective Rating. |
| Killeen | | gone down even though you have a | | |
| San Francisco | | great driving record, this lower pricing | | Malicious Mischief: Similar to |
| Tuscaloosa | | trend makes it more important then | | vandalism. Purposely damaging the |
| Boston | | ever that you shop around for auto | | rights or property of another. |
| Chula Vista | | insurance. | | |
| Columbus | | | | Broker-Agent: One acting as an agent |
| Santa Monica | | If you decide to cancel your policy | | of one or more insurers and as a |
| Zanesville | | (after acquiring new coverage) | | broker in dealing with one or more |
| Santa Barbara | | outside of the 30-day period, you may | | other insurers. |
| Florence | | have to pay a fee or penalty. | | |
| Costa Mesa | | However, you may still save money | | Valuation Clause: A clause stating the |
| Oceanside | | after paying the fee if your new policy | | value of items for insurance |
| Reading | | affords you significant savings. So | | purposes, making it a valued policy. |
| Salt Lake City | | while it is best to wait until your | | |
| Corona | | receive your renewal notice, you CAN | | Renewal: The reestablishment of the |
| Littleton | | cancel your policy at any time. | | in-force status of a policy, the term of |
| Newburgh | | | | which has expired or will expire |
| Bayside | | Everyone has different needs, and | | unless it is renewed. |
| Minneapolis | | not one size fits all when it comes to | | |
| Seattle | | term life insurance. While it may make | | Claim: A demand made by the |
| Lorain | | sense for people in their 30s and 40s | | insured, or the insured's beneficiary, |
| Poughkeepsie | | to secure a 20-year term length, a | | for payment of the benefits provided |
| Denver | | 10-year term might be more | | by the contract. |
| Florence | | appropriate for someone nearing | | |
| Stockton | | retirement. | | Legislative Risk: A risk faced by |
| Warren | | | | investors whereby changes in tax |
| Newark | | People who are trying to quit | | laws can result in adverse effects on |
| Saginaw | | smoking, for example, might be best | | the individual's investment results. |
| Alpharetta | | suited purchasing a shorter term (and | | |
| Lancaster | | then replacing it with a longer term | | Losses Outstanding: A summary |
| Green Bay | | policy when they qualify for | | statement prepared by Property, Life, |
| Cincinnati | | non-tobacco prices). | | and Liability insurers showing claims |
| Orange Park | | | | not yet settled. |
