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| Mobile | | Make sure you have a new policy in | | Policy Period (or Term): The period |
| Hattiesburg | | place before you cancel your old one | | during which the policy contract |
| Anaheim | | to avoid a lapse in coverage. This will | | affords protection, e.g., six months or |
| Evanston | | also prevent having to figure out the | | one or three years. |
| Albuquerque | | amount of any unused premium that is | | |
| Grand Prairie | | due to you from your old insurance | | Net Loss: The amount of loss |
| Richmond | | company, or having to spar with your | | sustained by an insurer after giving |
| Dayton | | agent about exactly when your policy | | effect to all applicable reinsurance, |
| Myrtle Beach | | was cancelled and how much they | | salvage, and subrogation recoveries. |
| Malden | | owe you. | | |
| Tacoma | | | | Single Limit: Any insurance coverage |
| Knoxville | | Life insurance, specifically Term Life, | | which is expressed as a single |
| Santa Clara | | is arguably one of the best values in | | amount of insurance, or a single limit |
| Irving | | the entire financial services arena. | | of liability. Contrast with Split Limit. |
| Worcester | | Where else can you go and get | | |
| Evansville | | hundreds of thousands of dollars in | | Capital Sum: The maximum lump sum |
| Hemet | | protection for literally pennies per | | payable in the event of accidental |
| Cookeville | | day? Rates for Term Life insurance | | death or dismemberment. |
| Escondido | | remain at all-time lows, and now is the | | |
| Palo Alto | | time to lock in the best prices. | | Liabilities: Money owed or expected |
| Athens | | | | to be owed. Insurance company |
| Buffalo | | While some companies raise their | | financial statements, for instance, |
| Killeen | | prices based on your actual age, | | show assets and liabilities. |
| Irvine | | most companies increase the price of | | |
| Erie | | their policies six months before your | | Broker-Agent: One acting as an agent |
| Oceanside | | birthday. Its a term called Age | | of one or more insurers and as a |
| Tyler | | Nearest in the industry, and that | | broker in dealing with one or more |
| Odessa | | half-year price increase could really | | other insurers. |
| Denton | | add up over a 20-year term policy. As | | |
| Brooklyn | | above, the quicker you purchase your | | Basic Rate: The manual rate from |
| Killeen | | policy the better. | | which discounts are taken or to which |
| Bethlehem | | | | charges are added to reflect the |
| Billings | | If you have noticed that your auto | | individual circumstances of a risk. |
| Newburgh | | insurance rates are still increasing | | |
| San Diego | | with each renewal, or even have not | | |
| Vero Beach | | gone down even though you have a | | |
| Columbia | | great driving record, this lower pricing | | |
| Santa Ana | | trend makes it more important then | | |
| New Orleans | | ever that you shop around for auto | | |
| Costa Mesa | | insurance. | | |
