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| Chicago | | The best time to switch policies is | | License: A certification of authority for |
| Jacksonville | | within one month of receiving your | | an agent or insurer to operate, given |
| Bayside | | policy renewal from your current | | by the appropriate jurisdiction. |
| Fall River | | insurer. You can typically cancel your | | |
| St. Joseph | | policy without any fees or penalties if | | Agency: An insurance sales office |
| Wichita | | you act within this time period. | | which is directed by a agent, |
| Edison | | | | manager, independent agent, or |
| Spring Hill | | The quickest and easiest way to | | company manager. |
| Sarasota | | shop for new insurance is by | | |
| Boynton Beach | | comparing rates at InsWebs online | | Interstate Carrier: A transportation |
| Englewood | | marketplace. If you do it the | | company which does business |
| Abilene | | old-fashioned way (by calling or | | across state lines. |
| Palm Desert | | visiting multiple agents or insurance | | |
| Grand Rapids | | companies) it could take up a huge | | Sherman Antitrust Act: An antitrust law |
| Carlsbad | | chunk of your time, which no one | | from which insurance is exempted to |
| Yonkers | | wants or needs. By completing | | the extent that it is regulated by state |
| Brooklyn | | InsWebs online application, you will | | law. |
| Owensboro | | have rates to compare to your old | | |
| Santa Monica | | ones within minutes! | | Time Limits: The limits of time within |
| Sarasota | | | | which notice of a claim and proof of a |
| Honolulu | | Why not take advantage of current | | loss must be submitted. |
| Cincinnati | | low prices? Many auto insurance | | |
| Durham | | consumers are becoming educated | | Commingling: An illegal practice |
| Buffalo | | on other companies, plans, and rates | | which occurs when an agent mixes |
| Lafayette | | that are available to them; ones that | | personal funds with the insured's or |
| San Francisco | | could afford them significant savings | | insurer's funds. |
| Panama City | | on their auto insurance. | | |
| Dubuque | | | | Shock Loss: A catastrophic loss so |
| Winter Haven | | Everyone has different needs, and | | large that it has a material effect on |
| Delray Beach | | not one size fits all when it comes to | | the underwriting results of a company. |
| Houma | | term life insurance. While it may make | | |
| Williamsburg | | sense for people in their 30s and 40s | | Book Value: Refers to the value of |
| Malden | | to secure a 20-year term length, a | | assets as shown in the official |
| Allentown | | 10-year term might be more | | accounting records of the company. |
| Wilmington | | appropriate for someone nearing | | |
| Mountain View | | retirement. | | |
