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| Columbus | | People who are trying to quit | | Loss Frequency: The number of times |
| Stockton | | smoking, for example, might be best | | a loss occurs over a specific period |
| Hampton | | suited purchasing a shorter term (and | | of time. |
| Springfield | | then replacing it with a longer term | | |
| Providence | | policy when they qualify for | | Substandard Risk: A risk not |
| Quincy | | non-tobacco prices). | | measuring up to underwriting |
| Arlington | | | | standards. It may still be written but |
| Lima | | If you decide to cancel your policy | | usually at a surcharged premium. |
| Newburgh | | (after acquiring new coverage) | | |
| Myrtle Beach | | outside of the 30-day period, you may | | Buy-Back" Deductible: A deductible |
| Duluth | | have to pay a fee or penalty. | | which may be eliminated for an |
| Reno | | However, you may still save money | | additional premium in order to |
| Rochester | | after paying the fee if your new policy | | provide "first-dollar" coverage. |
| Salem | | affords you significant savings. So | | |
| Grand Junction | | while it is best to wait until your | | First Party Insurance: Insurance which |
| Little Rock | | receive your renewal notice, you CAN | | applies to coverage for the insured's |
| Fremont | | cancel your policy at any time. | | own property or person. Contrast with |
| Wichita | | | | Third Party Insurance. |
| Milwaukee | | If you have noticed that your auto | | |
| El Cajon | | insurance rates are still increasing | | Level Commission System: A system |
| Biloxi | | with each renewal, or even have not | | of commissions in which the first year |
| Virginia Beach | | gone down even though you have a | | and all renewal commissions are the |
| Providence | | great driving record, this lower pricing | | same percentage of the premium. |
| Billings | | trend makes it more important then | | |
| Jacksonville | | ever that you shop around for auto | | Deflation: An economic period |
| Lexington | | insurance. | | characterized by falling prices, high |
| Norfolk | | | | unemployment and a generally |
| Huntington Beach | | Healthy people have the best | | sluggish or slow economy. |
| Roanoke | | mortality risks and thus are much | | |
| Brooklyn | | cheaper for companies to insure. This | | Monoline Policy: Any insurance |
| Youngstown | | translates into lower rates for the | | coverage written as a single line |
| Englewood | | Super Preferred customer than | | policy. Contrast with Multiple Line or |
| Baton Rouge | | someone with higher risk factors such | | Package policy. |
| Indianapolis | | as a heart condition, cancer or | | |
| Jasper | | diabetes. Conversely, if you were | | |
| New Orleans | | unhealthy when you acquired your | | |
| Atlanta | | policy, and your health has now | | |
| Biloxi | | improved, it might be time to shop for | | |
| Huntington | | a new policy, as your rates are likely | | |
| Green Bay | | to be lower. | | |
