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| Dothan | | While some companies raise their | | Policywriting Agent: An agent who has |
| Scranton | | prices based on your actual age, | | the authority to prepare and effect an |
| Long Island City | | most companies increase the price of | | insurer's policy. |
| Springfield | | their policies six months before your | | |
| Anderson | | birthday. Its a term called Age | | Brokerage Department: A department |
| Trenton | | Nearest in the industry, and that | | of an insurer whose purpose is to |
| Grand Rapids | | half-year price increase could really | | deal with brokers in the placing of |
| Fredericksburg | | add up over a 20-year term policy. As | | insurance. |
| Turlock | | above, the quicker you purchase your | | |
| Pueblo | | policy the better. | | Commercial Lines: This term is used |
| Allentown | | | | to refer to insurance for businesses, |
| Overland Park | | Individuals who have 30-year | | professionals, and commercial |
| Sacramento | | mortgages might want to consider a | | establishments. |
| Florissant | | 30-year term to ensure that the house | | |
| Torrance | | is protected throughout the period of | | Underwriters Laboratories, Inc. (UL): A |
| Inglewood | | the loan. | | testing laboratory for manufactured |
| Richmond | | | | items to determine their safety |
| Trenton | | Why not take advantage of current | | propensities. |
| Quincy | | low prices? Many auto insurance | | |
| Yuma | | consumers are becoming educated | | Depreciation: A decrease in the value |
| Pensacola | | on other companies, plans, and rates | | of any type of tangible property over |
| Greensboro | | that are available to them; ones that | | a period of time resulting from use, |
| Gainesville | | could afford them significant savings | | wear and tear, or obsolescence. |
| Indianapolis | | on their auto insurance. | | |
| Rochester | | | | Appraisal: An evaluation of property |
| Springfield | | If you decide to cancel your policy | | made to ascertain either the |
| Delray Beach | | (after acquiring new coverage) | | appropriate amount of insurance to |
| San Francisco | | outside of the 30-day period, you may | | be written or the amount of loss to be |
| Palm Desert | | have to pay a fee or penalty. | | paid. |
| Gulfport | | However, you may still save money | | |
| Memphis | | after paying the fee if your new policy | | Paid-In Surplus: Surplus paid in by |
| Toledo | | affords you significant savings. So | | stockholders, as contrasted with |
| Santa Clara | | while it is best to wait until your | | surplus earned through the |
| Providence | | receive your renewal notice, you CAN | | operations of a business. |
| Las Vegas | | cancel your policy at any time. | | |
