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| Garland | | Make sure you have a new policy in | | Line of Business: The classification of |
| Cedar Rapids | | place before you cancel your old one | | business as utilized in the insurance |
| Longview | | to avoid a lapse in coverage. This will | | industry, e.g., Fire, Allied Lines and |
| Akron | | also prevent having to figure out the | | Homeowners. |
| Ventura | | amount of any unused premium that is | | |
| Indianapolis | | due to you from your old insurance | | Brokerage Department: A department |
| Council Bluffs | | company, or having to spar with your | | of an insurer whose purpose is to |
| Springfield | | agent about exactly when your policy | | deal with brokers in the placing of |
| Peoria | | was cancelled and how much they | | insurance. |
| Atlanta | | owe you. | | |
| Sioux City | | | | Book Value: Refers to the value of |
| Greensboro | | If you have noticed that your auto | | assets as shown in the official |
| Mesquite | | insurance rates are still increasing | | accounting records of the company. |
| Corona | | with each renewal, or even have not | | |
| Bethlehem | | gone down even though you have a | | Renewal: The reestablishment of the |
| Reno | | great driving record, this lower pricing | | in-force status of a policy, the term of |
| Lubbock | | trend makes it more important then | | which has expired or will expire |
| El Paso | | ever that you shop around for auto | | unless it is renewed. |
| Alameda | | insurance. | | |
| Bayside | | | | Incurred Expense: Expenses not yet |
| Poughkeepsie | | If you decide to cancel your policy | | paid. Can also include paid |
| Lawrenceville | | (after acquiring new coverage) | | expenses in some accounting |
| Tucson | | outside of the 30-day period, you may | | systems. |
| Beaumont | | have to pay a fee or penalty. | | |
| Fort Myers | | However, you may still save money | | Adjustment Bureau: A firm organized |
| Killeen | | after paying the fee if your new policy | | to provide adjustment services to |
| Greenville | | affords you significant savings. So | | insurers not wishing to create their |
| Union | | while it is best to wait until your | | own claims division. |
| Bloomington | | receive your renewal notice, you CAN | | |
| Aurora | | cancel your policy at any time. | | Interstate Carrier: A transportation |
| Fall River | | | | company which does business |
| Oceanside | | The quickest and easiest way to | | across state lines. |
| Torrance | | shop for new insurance is by | | |
| Phoenix | | comparing rates at InsWebs online | | Professional Insurance Agents |
| Toms River | | marketplace. If you do it the | | Association: A trade association of |
| Bradenton | | old-fashioned way (by calling or | | mutual insurance agents. |
| Daytona Beach | | visiting multiple agents or insurance | | |
| Malden | | companies) it could take up a huge | | |
| Bethlehem | | chunk of your time, which no one | | |
| Orlando | | wants or needs. By completing | | |
| Costa Mesa | | InsWebs online application, you will | | |
| Whittier | | have rates to compare to your old | | |
| Naperville | | ones within minutes! | | |
