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| Colorado Springs | | Make sure you have a new policy in | | Retrospective Premium: The final |
| Irving | | place before you cancel your old one | | premium in a retrospective rating |
| Columbus | | to avoid a lapse in coverage. This will | | plan. See Retrospective Rating. |
| Morristown | | also prevent having to figure out the | | |
| Columbia | | amount of any unused premium that is | | Basic Rate: The manual rate from |
| Phoenix | | due to you from your old insurance | | which discounts are taken or to which |
| Santa Ana | | company, or having to spar with your | | charges are added to reflect the |
| Eugene | | agent about exactly when your policy | | individual circumstances of a risk. |
| Evansville | | was cancelled and how much they | | |
| Greeley | | owe you. | | Submitted Business: Applications for |
| Yuma | | | | insurance submitted to an insurer but |
| Las Cruces | | The quickest and easiest way to | | not yet acted upon by it. |
| Hattiesburg | | shop for new insurance is by | | |
| Santa Monica | | comparing rates at InsWebs online | | Captive Agent: One who sells |
| Roanoke | | marketplace. If you do it the | | insurance for only one company as |
| Cypress | | old-fashioned way (by calling or | | opposed to an agent who represents |
| Kansas City | | visiting multiple agents or insurance | | several companies. |
| Garland | | companies) it could take up a huge | | |
| Daytona Beach | | chunk of your time, which no one | | Provisional Rate: Tentative rates, |
| Saginaw | | wants or needs. By completing | | premiums or commissions that are |
| Greenville | | InsWebs online application, you will | | subject to subsequent adjustment. |
| Joliet | | have rates to compare to your old | | See Commission and Premium. |
| Newport Beach | | ones within minutes! | | |
| Peoria | | | | Indemnity: Restoration to the victim of |
| Huntington | | Healthy people have the best | | a loss by payment, repair, or |
| Orange | | mortality risks and thus are much | | replacement. |
| Ann Arbor | | cheaper for companies to insure. This | | |
| Vancouver | | translates into lower rates for the | | Underwriters Laboratories, Inc. (UL): A |
| Houma | | Super Preferred customer than | | testing laboratory for manufactured |
| Clearwater | | someone with higher risk factors such | | items to determine their safety |
| Syracuse | | as a heart condition, cancer or | | propensities. |
| Albany | | diabetes. Conversely, if you were | | |
| Stockbridge | | unhealthy when you acquired your | | Approved Roof: A term used in |
| Quincy | | policy, and your health has now | | building construction. It indicates a |
| Anderson | | improved, it might be time to shop for | | roof made of fire-resistive materials, |
| Jonesboro | | a new policy, as your rates are likely | | such as tile or asphalt shingles. |
| Corona | | to be lower. | | |
