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| Newark | | Why not take advantage of current | | Agency Contract (or Agreement): The |
| Schaumburg | | low prices? Many auto insurance | | document which establishes the legal |
| Denver | | consumers are becoming educated | | relationship between an agent and an |
| Wilmington | | on other companies, plans, and rates | | insurer. |
| Redlands | | that are available to them; ones that | | |
| Malden | | could afford them significant savings | | Convention Values: Values assigned |
| Canton | | on their auto insurance. | | to insurers' assets in the convention |
| Portsmouth | | | | blank. |
| Winter Park | | While some companies raise their | | |
| Harrisburg | | prices based on your actual age, | | Loss Adjustment Expense: The cost |
| Nashville | | most companies increase the price of | | of adjusting losses, excluding the |
| Providence | | their policies six months before your | | amount of the loss itself. |
| Chandler | | birthday. Its a term called Age | | |
| Atlanta | | Nearest in the industry, and that | | Incurred Expense: Expenses not yet |
| Bronx | | half-year price increase could really | | paid. Can also include paid |
| Alpharetta | | add up over a 20-year term policy. As | | expenses in some accounting |
| Grand Junction | | above, the quicker you purchase your | | systems. |
| St. Paul | | policy the better. | | |
| Waterloo | | | | Approved Roof: A term used in |
| Evansville | | If you decide to cancel your policy | | building construction. It indicates a |
| Chattanooga | | (after acquiring new coverage) | | roof made of fire-resistive materials, |
| Lexington | | outside of the 30-day period, you may | | such as tile or asphalt shingles. |
| Stuart | | have to pay a fee or penalty. | | |
| Salt Lake City | | However, you may still save money | | Tabular Plan: A retrospective rating |
| Longwood | | after paying the fee if your new policy | | plan, which uses tables to furnish the |
| Salt Lake City | | affords you significant savings. So | | various values for the rating formula. |
| Owensboro | | while it is best to wait until your | | |
| San Bernardino | | receive your renewal notice, you CAN | | Borderline Risk: An insurance |
| Lawton | | cancel your policy at any time. | | prospect of doubtful quality from an |
| Columbus | | | | underwriting point of view. |
| Naples | | At InsWeb, you can compare free | | |
| Winter Haven | | online insurance quotes from many of | | Renewal: The reestablishment of the |
| Sumter | | the nations leading insurance | | in-force status of a policy, the term of |
| Fall River | | companies. | | which has expired or will expire |
| Albany | | | | unless it is renewed. |
