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| Chattanooga | | The quickest and easiest way to | | Sherman Antitrust Act: An antitrust law |
| Palm Harbor | | shop for new insurance is by | | from which insurance is exempted to |
| Jacksonville | | comparing rates at InsWebs online | | the extent that it is regulated by state |
| Wichita | | marketplace. If you do it the | | law. |
| Mountain View | | old-fashioned way (by calling or | | |
| Bellevue | | visiting multiple agents or insurance | | Leasehold: An agreement which |
| Gaithersburg | | companies) it could take up a huge | | gives a person the right to use and |
| Valdosta | | chunk of your time, which no one | | occupy property. |
| Columbus | | wants or needs. By completing | | |
| Lakeland | | InsWebs online application, you will | | Nonadmitted Insurer: An insurer not |
| Tuscaloosa | | have rates to compare to your old | | licensed to do business in the |
| Biloxi | | ones within minutes! | | jurisdiction in question. Same as |
| Costa Mesa | | | | Unauthorized Insurer and Unlicensed |
| Edmond | | The best time to switch policies is | | Insurer. |
| Charlotte | | within one month of receiving your | | |
| Portland | | policy renewal from your current | | Shock Loss: A catastrophic loss so |
| Tyler | | insurer. You can typically cancel your | | large that it has a material effect on |
| Rockville | | policy without any fees or penalties if | | the underwriting results of a company. |
| Naperville | | you act within this time period. | | |
| Oakland | | | | Initial Premium: An amount paid at the |
| Bloomington | | If you decide to cancel your policy | | inception of an insurance contract, |
| West Palm Beach | | (after acquiring new coverage) | | usually subject to adjustment at the |
| Harrisburg | | outside of the 30-day period, you may | | end of the policy period. |
| Springfield | | have to pay a fee or penalty. | | |
| West Palm Beach | | However, you may still save money | | National Auto Theft Bureau: An |
| Springfield | | after paying the fee if your new policy | | organization engaged in the |
| Columbus | | affords you significant savings. So | | prevention and reduction of motor |
| Chicago | | while it is best to wait until your | | vehicle fire and theft losses. |
| Santa Clara | | receive your renewal notice, you CAN | | |
| Union | | cancel your policy at any time. | | Loss Frequency: The number of times |
| Acworth | | | | a loss occurs over a specific period |
| Corpus Christi | | People who are trying to quit | | of time. |
| Milwaukee | | smoking, for example, might be best | | |
| Mesa | | suited purchasing a shorter term (and | | Loss Adjustment Expense: The cost |
| Tucson | | then replacing it with a longer term | | of adjusting losses, excluding the |
| Milwaukee | | policy when they qualify for | | amount of the loss itself. |
| Springfield | | non-tobacco prices). | | |
