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| Memphis | | While some companies raise their | | Indemnify: To restore the victim of a |
| Ventura | | prices based on your actual age, | | loss to the same position as before |
| White Plains | | most companies increase the price of | | the loss occurred. |
| Monroe | | their policies six months before your | | |
| Birmingham | | birthday. Its a term called Age | | Public Adjuster: An insurance adjuster |
| Trenton | | Nearest in the industry, and that | | who represents an insured on a fee |
| Fresno | | half-year price increase could really | | basis in claims settlement. Contrast |
| Odessa | | add up over a 20-year term policy. As | | with Independent Adjuster. |
| Schenectady | | above, the quicker you purchase your | | |
| Fort Lauderdale | | policy the better. | | Loss Frequency: The number of times |
| Nashville | | | | a loss occurs over a specific period |
| Longview | | At InsWeb, you can compare free | | of time. |
| Oakland | | online insurance quotes from many of | | |
| Dubuque | | the nations leading insurance | | Commercial Lines: This term is used |
| Schenectady | | companies. | | to refer to insurance for businesses, |
| Charlotte | | | | professionals, and commercial |
| Toms River | | Healthy people have the best | | establishments. |
| Fall River | | mortality risks and thus are much | | |
| Virginia Beach | | cheaper for companies to insure. This | | Brokerage Business: Business |
| Pittsburgh | | translates into lower rates for the | | offered to an insurer by a broker. This |
| Valdosta | | Super Preferred customer than | | is sometimes called excess or |
| Fort Wayne | | someone with higher risk factors such | | surplus business. |
| Coral Springs | | as a heart condition, cancer or | | |
| Council Bluffs | | diabetes. Conversely, if you were | | Notice of Cancellation: Written notice |
| Malden | | unhealthy when you acquired your | | by an insurer of intent to cancel |
| Denver | | policy, and your health has now | | insurance, or written notice by an |
| Miami | | improved, it might be time to shop for | | insured requesting cancellation. |
| Bloomington | | a new policy, as your rates are likely | | |
| Jackson | | to be lower. | | Examiner: An employee assigned by |
| Lowell | | | | the state insurance department to |
| Allentown | | If you decide to cancel your policy | | audit insurers' records. |
| Clarksville | | (after acquiring new coverage) | | |
| Hattiesburg | | outside of the 30-day period, you may | | Level Commission System: A system |
| Kansas City | | have to pay a fee or penalty. | | of commissions in which the first year |
| Stockbridge | | However, you may still save money | | and all renewal commissions are the |
| Glendale | | after paying the fee if your new policy | | same percentage of the premium. |
| Phoenix | | affords you significant savings. So | | |
| San Antonio | | while it is best to wait until your | | |
| Kalamazoo | | receive your renewal notice, you CAN | | |
| Myrtle Beach | | cancel your policy at any time. | | |
