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| Alameda | | While some companies raise their | | Claim Expense: The expense of |
| Cookeville | | prices based on your actual age, | | adjusting a claim, such as |
| Santa Rosa | | most companies increase the price of | | investigation and attorneys' fees. It |
| Zanesville | | their policies six months before your | | does not include the cost of the claim |
| Williamsport | | birthday. Its a term called Age | | itself. |
| Virginia Beach | | Nearest in the industry, and that | | |
| Chattanooga | | half-year price increase could really | | Absolute Assignment: Assignment by |
| Goldsboro | | add up over a 20-year term policy. As | | a policy owner of all control of and |
| Newark | | above, the quicker you purchase your | | rights in the policy to a third party. |
| Chula Vista | | policy the better. | | |
| Union | | | | Underinsurance: A condition in which |
| Fort Lauderdale | | Make sure you have a new policy in | | not enough insurance is carried to |
| Pasadena | | place before you cancel your old one | | cover the insurable value. |
| Irving | | to avoid a lapse in coverage. This will | | |
| Amarillo | | also prevent having to figure out the | | Will Ride: Coverage that remains in |
| Fresno | | amount of any unused premium that is | | effect regardless of the geographical |
| Yuma | | due to you from your old insurance | | location in which a loss occurs. |
| Westbury | | company, or having to spar with your | | |
| Turlock | | agent about exactly when your policy | | Borderline Risk: An insurance |
| Kalamazoo | | was cancelled and how much they | | prospect of doubtful quality from an |
| Venice | | owe you. | | underwriting point of view. |
