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| Alpharetta | | Shopping around is the best way to | | Independent Agent: An agent |
| Little Rock | | save money on your insurance. | | operating as an independent |
| Athens | | | | contractor under the independent |
| Anaheim | | People who are trying to quit | | agency system. |
| Erie | | smoking, for example, might be best | | |
| Sterling Heights | | suited purchasing a shorter term (and | | Malicious Mischief: Similar to |
| Overland Park | | then replacing it with a longer term | | vandalism. Purposely damaging the |
| Lancaster | | policy when they qualify for | | rights or property of another. |
| Slidell | | non-tobacco prices). | | |
| Dothan | | | | Cash Flow Underwriting: The use of |
| Morristown | | The best time to switch policies is | | rating and premium collection |
| El Cajon | | within one month of receiving your | | techniques by insurance companies |
| Thousand Oaks | | policy renewal from your current | | to maximize interest earnings on |
| Atlanta | | insurer. You can typically cancel your | | premiums. |
| Abilene | | policy without any fees or penalties if | | |
| Canton | | you act within this time period. | | Agent's Balance: A periodic |
| Ocala | | | | statement of the sums due and owed |
| Boca Raton | | Healthy people have the best | | to an agent under the agent's contract |
| Lawton | | mortality risks and thus are much | | with an insurer. |
| Oakland | | cheaper for companies to insure. This | | |
| High Point | | translates into lower rates for the | | Retrospective Premium: The final |
| Goldsboro | | Super Preferred customer than | | premium in a retrospective rating |
| Trenton | | someone with higher risk factors such | | plan. See Retrospective Rating. |
| Worcester | | as a heart condition, cancer or | | |
| Providence | | diabetes. Conversely, if you were | | Submitted Business: Applications for |
| Birmingham | | unhealthy when you acquired your | | insurance submitted to an insurer but |
| Longview | | policy, and your health has now | | not yet acted upon by it. |
| Rapid City | | improved, it might be time to shop for | | |
| Lorain | | a new policy, as your rates are likely | | Captive Agent: One who sells |
| Mountain View | | to be lower. | | insurance for only one company as |
| Carlsbad | | | | opposed to an agent who represents |
| Warren | | Make sure you have a new policy in | | several companies. |
| Virginia Beach | | place before you cancel your old one | | |
| Toms River | | to avoid a lapse in coverage. This will | | Indemnify: To restore the victim of a |
| Englewood | | also prevent having to figure out the | | loss to the same position as before |
| Texarkana | | amount of any unused premium that is | | the loss occurred. |
| Abilene | | due to you from your old insurance | | |
| Irving | | company, or having to spar with your | | |
| Huntsville | | agent about exactly when your policy | | |
| Ventura | | was cancelled and how much they | | |
| Riverside | | owe you. | | |
