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| Kingsport | | The best time to switch policies is | | Will Ride: Coverage that remains in |
| New Orleans | | within one month of receiving your | | effect regardless of the geographical |
| Conroe | | policy renewal from your current | | location in which a loss occurs. |
| Virginia Beach | | insurer. You can typically cancel your | | |
| Johnson City | | policy without any fees or penalties if | | Sole Proprietorship: A business |
| Evansville | | you act within this time period. | | enterprise owned by one person who |
| Youngstown | | | | is its manager and employee. |
| Fredericksburg | | While some companies raise their | | |
| Richmond | | prices based on your actual age, | | Foreign Insurer: An insurer domiciled |
| Brooklyn | | most companies increase the price of | | in a state of the United States other |
| Clinton Township | | their policies six months before your | | than the one in which the insured's |
| Little Rock | | birthday. Its a term called Age | | insurance is written. |
| Longview | | Nearest in the industry, and that | | |
| Tempe | | half-year price increase could really | | Gross Premium: The net premium |
| Harlingen | | add up over a 20-year term policy. As | | plus operating expenses, |
| Norfolk | | above, the quicker you purchase your | | commissions and other expenses. |
| Evansville | | policy the better. | | |
| Beaumont | | | | Submitted Business: Applications for |
| Anderson | | People who are trying to quit | | insurance submitted to an insurer but |
| Whittier | | smoking, for example, might be best | | not yet acted upon by it. |
| Savannah | | suited purchasing a shorter term (and | | |
| Green Bay | | then replacing it with a longer term | | Broker-Agent: One acting as an agent |
| Lima | | policy when they qualify for | | of one or more insurers and as a |
| Baltimore | | non-tobacco prices). | | broker in dealing with one or more |
| Pembroke Pines | | | | other insurers. |
| Baton Rouge | | Make sure you have a new policy in | | |
| Youngstown | | place before you cancel your old one | | Single Limit: Any insurance coverage |
| Ann Arbor | | to avoid a lapse in coverage. This will | | which is expressed as a single |
| Brooklyn | | also prevent having to figure out the | | amount of insurance, or a single limit |
| Anderson | | amount of any unused premium that is | | of liability. Contrast with Split Limit. |
| Springfield | | due to you from your old insurance | | |
| Albuquerque | | company, or having to spar with your | | Monoline Policy: Any insurance |
| Lake Worth | | agent about exactly when your policy | | coverage written as a single line |
| Bradenton | | was cancelled and how much they | | policy. Contrast with Multiple Line or |
| Savannah | | owe you. | | Package policy. |
