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| Pittsburgh | | Shopping around is the best way to | | Divided Cover: The placing of |
| Baton Rouge | | save money on your insurance. | | insurance on a given subject or |
| Anderson | | | | object with more than one insurer. |
| Asheville | | If you decide to cancel your policy | | |
| Odessa | | (after acquiring new coverage) | | Line of Business: The classification of |
| Fremont | | outside of the 30-day period, you may | | business as utilized in the insurance |
| Boynton Beach | | have to pay a fee or penalty. | | industry, e.g., Fire, Allied Lines and |
| Syracuse | | However, you may still save money | | Homeowners. |
| Youngstown | | after paying the fee if your new policy | | |
| Youngstown | | affords you significant savings. So | | Other Insurance: The existence of |
| Corpus Christi | | while it is best to wait until your | | other contracts covering the same |
| Cape Coral | | receive your renewal notice, you CAN | | interest and perils. |
| Newark | | cancel your policy at any time. | | |
| Decatur | | | | Shock Loss: A catastrophic loss so |
| Williamsport | | We offer quotes for auto insurance, | | large that it has a material effect on |
| Cedar Rapids | | life insurance, homeowners | | the underwriting results of a company. |
| Quincy | | insurance, health insurance, term life | | |
| Hickory | | insurance and more. | | We/Us/Our: These words are used to |
| Huntington | | | | refer to the insurer in many of the |
| Wilmington | | Make sure you have a new policy in | | modernized/personalized policy |
| Mesa | | place before you cancel your old one | | forms recently introduced. |
| Franklin | | to avoid a lapse in coverage. This will | | |
| Tuscaloosa | | also prevent having to figure out the | | Single Limit: Any insurance coverage |
| Las Cruces | | amount of any unused premium that is | | which is expressed as a single |
| Cranston | | due to you from your old insurance | | amount of insurance, or a single limit |
| Silver Spring | | company, or having to spar with your | | of liability. Contrast with Split Limit. |
| Duluth | | agent about exactly when your policy | | |
| Stockton | | was cancelled and how much they | | Substandard Risk: A risk not |
| Kingsport | | owe you. | | measuring up to underwriting |
| Torrance | | | | standards. It may still be written but |
| Cypress | | While some companies raise their | | usually at a surcharged premium. |
| Dearborn | | prices based on your actual age, | | |
| White Plains | | most companies increase the price of | | Agency Contract (or Agreement): The |
| Westbury | | their policies six months before your | | document which establishes the legal |
| Akron | | birthday. Its a term called Age | | relationship between an agent and an |
| Texarkana | | Nearest in the industry, and that | | insurer. |
| Valdosta | | half-year price increase could really | | |
| Evanston | | add up over a 20-year term policy. As | | |
| Walnut Creek | | above, the quicker you purchase your | | |
| Tuscaloosa | | policy the better. | | |
