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| Joliet | | Individuals who have 30-year | | Buy-Back" Deductible: A deductible |
| Fayetteville | | mortgages might want to consider a | | which may be eliminated for an |
| Lima | | 30-year term to ensure that the house | | additional premium in order to |
| Fall River | | is protected throughout the period of | | provide "first-dollar" coverage. |
| Springfield | | the loan. | | |
| Monroe | | | | Expense Allowance: A compensation |
| Indianapolis | | We offer quotes for auto insurance, | | paid to an insurance agent in excess |
| Peoria | | life insurance, homeowners | | of prescribed commissions. |
| Tyler | | insurance, health insurance, term life | | |
| Fairfax | | insurance and more. | | Agency: An insurance sales office |
| Manchester | | | | which is directed by a agent, |
| Ann Arbor | | If you have noticed that your auto | | manager, independent agent, or |
| Edmond | | insurance rates are still increasing | | company manager. |
| Bellevue | | with each renewal, or even have not | | |
| Miami | | gone down even though you have a | | Authorized Insurer: An insurer |
| Anderson | | great driving record, this lower pricing | | authorized by the state to transact |
| Detroit | | trend makes it more important then | | business in that state for specific |
| Orange | | ever that you shop around for auto | | types of insurance. |
| Pembroke Pines | | insurance. | | |
| Harrisburg | | | | Flat Cancellation: A policy which is |
| Columbus | | The best time to switch policies is | | cancelled upon its effective date. |
| Costa Mesa | | within one month of receiving your | | Usually under a flat cancellation no |
| Denton | | policy renewal from your current | | premium charge is made. |
| Lafayette | | insurer. You can typically cancel your | | |
| Vero Beach | | policy without any fees or penalties if | | Mutualization: The process of |
| San Jose | | you act within this time period. | | converting a stock insurer to a mutual |
| Dothan | | | | insurer, accomplished by having the |
| Hartford | | If you decide to cancel your policy | | insurer buy stock and retire it. |
| Pensacola | | (after acquiring new coverage) | | |
| Yuma | | outside of the 30-day period, you may | | Policy Anniversary: The anniversary |
| Muskegon | | have to pay a fee or penalty. | | of the date of issue of a policy as |
| Rome | | However, you may still save money | | shown in the policy declarations. |
| Duluth | | after paying the fee if your new policy | | |
| Dubuque | | affords you significant savings. So | | Shock Loss: A catastrophic loss so |
| Macon | | while it is best to wait until your | | large that it has a material effect on |
| Florissant | | receive your renewal notice, you CAN | | the underwriting results of a company. |
| Worcester | | cancel your policy at any time. | | |
