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| Schaumburg | | The best time to switch policies is | | Submitted Business: Applications for |
| Harrisburg | | within one month of receiving your | | insurance submitted to an insurer but |
| Gulfport | | policy renewal from your current | | not yet acted upon by it. |
| Costa Mesa | | insurer. You can typically cancel your | | |
| Alexandria | | policy without any fees or penalties if | | Level Commission System: A system |
| Rapid City | | you act within this time period. | | of commissions in which the first year |
| Lafayette | | | | and all renewal commissions are the |
| South Bend | | The quickest and easiest way to | | same percentage of the premium. |
| Stuart | | shop for new insurance is by | | |
| Daytona Beach | | comparing rates at InsWebs online | | Accidental Bodily Injury: An injury |
| Tallahassee | | marketplace. If you do it the | | sustained accidentally. Only the result |
| Chesapeake | | old-fashioned way (by calling or | | need be accidental. Contrast with |
| Corona | | visiting multiple agents or insurance | | Accidental Means. |
| Metairie | | companies) it could take up a huge | | |
| Johnson City | | chunk of your time, which no one | | Gross Premium: The net premium |
| Ann Arbor | | wants or needs. By completing | | plus operating expenses, |
| Morristown | | InsWebs online application, you will | | commissions and other expenses. |
| Canton | | have rates to compare to your old | | |
| Orange | | ones within minutes! | | Index Bureau Experience: A measure |
| San Diego | | | | of losses relating to claims reported |
| Ogden | | At InsWeb, you can compare free | | through a claim office during a |
| Council Bluffs | | online insurance quotes from many of | | 12-month period. |
| Pueblo | | the nations leading insurance | | |
| Rochester | | companies. | | Replacement: A new policy written to |
| Grand Junction | | | | take the place of one currently in force. |
| Biloxi | | If you decide to cancel your policy | | |
| San Diego | | (after acquiring new coverage) | | Sherman Antitrust Act: An antitrust law |
| Odessa | | outside of the 30-day period, you may | | from which insurance is exempted to |
| Joliet | | have to pay a fee or penalty. | | the extent that it is regulated by state |
| Pittsburgh | | However, you may still save money | | law. |
| Kalamazoo | | after paying the fee if your new policy | | |
| Hartford | | affords you significant savings. So | | Agency Company: An insurance |
| Topeka | | while it is best to wait until your | | company that produces business |
| Kingsport | | receive your renewal notice, you CAN | | through an agency network. Contrast |
| Madison | | cancel your policy at any time. | | with Direct Writer. |
