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| Lubbock | | Everyone has different needs, and | | Policywriting Agent: An agent who has |
| Santa Barbara | | not one size fits all when it comes to | | the authority to prepare and effect an |
| Newburgh | | term life insurance. While it may make | | insurer's policy. |
| Tallahassee | | sense for people in their 30s and 40s | | |
| Evansville | | to secure a 20-year term length, a | | Shock Loss: A catastrophic loss so |
| Daytona Beach | | 10-year term might be more | | large that it has a material effect on |
| Erie | | appropriate for someone nearing | | the underwriting results of a company. |
| Santa Rosa | | retirement. | | |
| Grand Rapids | | | | Commingling: An illegal practice |
| Charleston | | People who are trying to quit | | which occurs when an agent mixes |
| Mesquite | | smoking, for example, might be best | | personal funds with the insured's or |
| Fullerton | | suited purchasing a shorter term (and | | insurer's funds. |
| Goldsboro | | then replacing it with a longer term | | |
| Hot Springs | | policy when they qualify for | | Insurance to Value: Insurance written |
| Fullerton | | non-tobacco prices). | | in an amount approximating the value |
| Pueblo | | | | of the property insured. |
| Detroit | | If you decide to cancel your policy | | |
| Allentown | | (after acquiring new coverage) | | Criticism: A correction suggested by a |
| Poughkeepsie | | outside of the 30-day period, you may | | rating or auditing bureau to an insurer. |
| Texarkana | | have to pay a fee or penalty. | | |
| Turlock | | However, you may still save money | | Initial Premium: An amount paid at the |
| Birmingham | | after paying the fee if your new policy | | inception of an insurance contract, |
| Englewood | | affords you significant savings. So | | usually subject to adjustment at the |
| Burbank | | while it is best to wait until your | | end of the policy period. |
| Greeley | | receive your renewal notice, you CAN | | |
| Sioux Falls | | cancel your policy at any time. | | Premises: The particular location of |
| Harrisburg | | | | property or a portion thereof as |
| Hollywood | | If you have noticed that your auto | | designated in a policy. |
| Fort Wayne | | insurance rates are still increasing | | |
| Orange | | with each renewal, or even have not | | Net Loss: The amount of loss |
| Baton Rouge | | gone down even though you have a | | sustained by an insurer after giving |
| Lima | | great driving record, this lower pricing | | effect to all applicable reinsurance, |
| Corona | | trend makes it more important then | | salvage, and subrogation recoveries. |
| Rapid City | | ever that you shop around for auto | | |
| Alpharetta | | insurance. | | |
