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| Dothan | | The best time to switch policies is | | Monoline Policy: Any insurance |
| Beaumont | | within one month of receiving your | | coverage written as a single line |
| Lake Charles | | policy renewal from your current | | policy. Contrast with Multiple Line or |
| Lowell | | insurer. You can typically cancel your | | Package policy. |
| Peoria | | policy without any fees or penalties if | | |
| Overland Park | | you act within this time period. | | National Auto Theft Bureau: An |
| Glendale | | | | organization engaged in the |
| Arlington | | If you decide to cancel your policy | | prevention and reduction of motor |
| Midland | | (after acquiring new coverage) | | vehicle fire and theft losses. |
| Williamsburg | | outside of the 30-day period, you may | | |
| Fort Wayne | | have to pay a fee or penalty. | | Initial Premium: An amount paid at the |
| Fort Smith | | However, you may still save money | | inception of an insurance contract, |
| Chesapeake | | after paying the fee if your new policy | | usually subject to adjustment at the |
| Fort Smith | | affords you significant savings. So | | end of the policy period. |
| Abilene | | while it is best to wait until your | | |
| Tucson | | receive your renewal notice, you CAN | | Paid-In Surplus: Surplus paid in by |
| Whittier | | cancel your policy at any time. | | stockholders, as contrasted with |
| Spartanburg | | | | surplus earned through the |
| San Diego | | Shopping around is the best way to | | operations of a business. |
| Allentown | | save money on your insurance. | | |
| Savannah | | | | Leasehold: An agreement which |
| Owensboro | | Healthy people have the best | | gives a person the right to use and |
| Decatur | | mortality risks and thus are much | | occupy property. |
| Denver | | cheaper for companies to insure. This | | |
| Greeley | | translates into lower rates for the | | Broker of Record: A broker who has |
| Henderson | | Super Preferred customer than | | been designated to handle certain |
| Glendale | | someone with higher risk factors such | | insurance contracts for the |
| St. Louis | | as a heart condition, cancer or | | policyholder. |
| Tacoma | | diabetes. Conversely, if you were | | |
| Mobile | | unhealthy when you acquired your | | Loss Adjustment Expense: The cost |
| Conroe | | policy, and your health has now | | of adjusting losses, excluding the |
| Tulsa | | improved, it might be time to shop for | | amount of the loss itself. |
| Elkhart | | a new policy, as your rates are likely | | |
| Acworth | | to be lower. | | Notice To Company: Written notice to |
| Beaumont | | | | an insurer of the occurrence of an |
| Hollywood | | | | event which a claim is to be based. |
