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| Independence | | Make sure you have a new policy in | | Short Rate Premium: The premium |
| Chula Vista | | place before you cancel your old one | | required for issuing a policy for a |
| Colorado Springs | | to avoid a lapse in coverage. This will | | period less than its normal term. |
| Albany | | also prevent having to figure out the | | |
| Arlington | | amount of any unused premium that is | | First Party Insurance: Insurance which |
| Downey | | due to you from your old insurance | | applies to coverage for the insured's |
| Madison | | company, or having to spar with your | | own property or person. Contrast with |
| Austin | | agent about exactly when your policy | | Third Party Insurance. |
| Henderson | | was cancelled and how much they | | |
| Sarasota | | owe you. | | Premises: The particular location of |
| Wichita | | | | property or a portion thereof as |
| Rochester | | Everyone has different needs, and | | designated in a policy. |
| Sarasota | | not one size fits all when it comes to | | |
| Boulder | | term life insurance. While it may make | | Calendar Year Experience: This |
| Fredericksburg | | sense for people in their 30s and 40s | | measures the premiums and losses |
| Cranston | | to secure a 20-year term length, a | | entered on accounting records during |
| Toms River | | 10-year term might be more | | the 12-month calendar. |
| Quincy | | appropriate for someone nearing | | |
| Boise | | retirement. | | Brokerage Department: A department |
| Riverside | | | | of an insurer whose purpose is to |
| Hot Springs | | The quickest and easiest way to | | deal with brokers in the placing of |
| Palo Alto | | shop for new insurance is by | | insurance. |
| Valdosta | | comparing rates at InsWebs online | | |
| Huntsville | | marketplace. If you do it the | | Interstate Carrier: A transportation |
| Canton | | old-fashioned way (by calling or | | company which does business |
| Sioux Falls | | visiting multiple agents or insurance | | across state lines. |
| Grand Rapids | | companies) it could take up a huge | | |
| Elkhart | | chunk of your time, which no one | | Nonadmitted Insurer: An insurer not |
| Portsmouth | | wants or needs. By completing | | licensed to do business in the |
| Washington | | InsWebs online application, you will | | jurisdiction in question. Same as |
| Louisville | | have rates to compare to your old | | Unauthorized Insurer and Unlicensed |
| Des Moines | | ones within minutes! | | Insurer. |
