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| Hickory | | People who are trying to quit | | Commission of Authority: A document |
| Chicago | | smoking, for example, might be best | | outlining the powers delegated to an |
| York | | suited purchasing a shorter term (and | | agent by an insurer. |
| Rapid City | | then replacing it with a longer term | | |
| Fort Lauderdale | | policy when they qualify for | | Domestic Insurer (or Company): An |
| Englewood | | non-tobacco prices). | | insurer formed under the laws of the |
| Reading | | | | state in which the insurance is written. |
| Texarkana | | The best time to switch policies is | | |
| Lorain | | within one month of receiving your | | Open Rating: A system whereby a |
| Lorain | | policy renewal from your current | | state allows an insurer to use rates |
| Mobile | | insurer. You can typically cancel your | | without prior approval. |
| Newport News | | policy without any fees or penalties if | | |
| Downey | | you act within this time period. | | Underwriters Laboratories, Inc. (UL): A |
| Detroit | | | | testing laboratory for manufactured |
| Indianapolis | | If you have noticed that your auto | | items to determine their safety |
| Sunnyvale | | insurance rates are still increasing | | propensities. |
| Council Bluffs | | with each renewal, or even have not | | |
| Newark | | gone down even though you have a | | Short-Term Policy: A policy written for |
| Augusta | | great driving record, this lower pricing | | a period of less time than is normal for |
| Fort Lauderdale | | trend makes it more important then | | that type of policy. |
| Springfield | | ever that you shop around for auto | | |
| San Jose | | insurance. | | Losses Outstanding: A summary |
| Macon | | | | statement prepared by Property, Life, |
| Bay City | | Make sure you have a new policy in | | and Liability insurers showing claims |
| Columbus | | place before you cancel your old one | | not yet settled. |
| Franklin | | to avoid a lapse in coverage. This will | | |
| Bellevue | | also prevent having to figure out the | | Lapsed Policy: One which has been |
| Mansfield | | amount of any unused premium that is | | allowed to expire because of |
| Atlanta | | due to you from your old insurance | | nonpayment of premiums. |
| Duluth | | company, or having to spar with your | | |
| Bloomington | | agent about exactly when your policy | | Independent Agent: An agent |
| Peoria | | was cancelled and how much they | | operating as an independent |
| Ocala | | owe you. | | contractor under the independent |
| White Plains | | | | agency system. |
