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| Buffalo | | The quickest and easiest way to | | Calendar Year Experience: This |
| Tulsa | | shop for new insurance is by | | measures the premiums and losses |
| Peoria | | comparing rates at InsWebs online | | entered on accounting records during |
| Lawrenceville | | marketplace. If you do it the | | the 12-month calendar. |
| St. Joseph | | old-fashioned way (by calling or | | |
| Vancouver | | visiting multiple agents or insurance | | Accidental Bodily Injury: An injury |
| Cape Coral | | companies) it could take up a huge | | sustained accidentally. Only the result |
| Bay City | | chunk of your time, which no one | | need be accidental. Contrast with |
| Odessa | | wants or needs. By completing | | Accidental Means. |
| Norwalk | | InsWebs online application, you will | | |
| Des Moines | | have rates to compare to your old | | Lapsed Policy: One which has been |
| Harrisburg | | ones within minutes! | | allowed to expire because of |
| West Chester | | | | nonpayment of premiums. |
| Englewood | | If you decide to cancel your policy | | |
| Fullerton | | (after acquiring new coverage) | | Renewal: The reestablishment of the |
| Orange | | outside of the 30-day period, you may | | in-force status of a policy, the term of |
| Anderson | | have to pay a fee or penalty. | | which has expired or will expire |
| Virginia Beach | | However, you may still save money | | unless it is renewed. |
| San Bernardino | | after paying the fee if your new policy | | |
| West Chester | | affords you significant savings. So | | Retail Credit Company: The former |
| Lowell | | while it is best to wait until your | | name of Equifax, a credit reporting |
| Olympia | | receive your renewal notice, you CAN | | organization. See Equifax. |
| Athens | | cancel your policy at any time. | | |
| Scottsdale | | | | Cut Rate: This term generally applies |
| Gainesville | | While some companies raise their | | to insurance companies who charge |
| Irving | | prices based on your actual age, | | premiums below a normal or average |
| Arlington | | most companies increase the price of | | rate. |
| Stockbridge | | their policies six months before your | | |
| Toms River | | birthday. Its a term called Age | | Claim Expense: The expense of |
| Henderson | | Nearest in the industry, and that | | adjusting a claim, such as |
| Austin | | half-year price increase could really | | investigation and attorneys' fees. It |
| Nashville | | add up over a 20-year term policy. As | | does not include the cost of the claim |
| Newport News | | above, the quicker you purchase your | | itself. |
| Longwood | | policy the better. | | |
