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| Springfield | | At InsWeb, you can compare free | | Sherman Antitrust Act: An antitrust law |
| Torrance | | online insurance quotes from many of | | from which insurance is exempted to |
| Jersey City | | the nations leading insurance | | the extent that it is regulated by state |
| Des Moines | | companies. | | law. |
| St. Louis | | | | |
| Raleigh | | We offer quotes for auto insurance, | | Loss Adjustment Expense: The cost |
| Montgomery | | life insurance, homeowners | | of adjusting losses, excluding the |
| Fort Worth | | insurance, health insurance, term life | | amount of the loss itself. |
| Edmond | | insurance and more. | | |
| Eugene | | | | Operating Expense: The expense of |
| Rochester | | The quickest and easiest way to | | an insurer other than commissions |
| Wilmington | | shop for new insurance is by | | and taxes. Called " and Insurance |
| Bloomington | | comparing rates at InsWebs online | | Expense" in the convention statement |
| Monroe | | marketplace. If you do it the | | blank. |
| Daytona Beach | | old-fashioned way (by calling or | | |
| Fairfax | | visiting multiple agents or insurance | | Level Commission System: A system |
| Valdosta | | companies) it could take up a huge | | of commissions in which the first year |
| Conroe | | chunk of your time, which no one | | and all renewal commissions are the |
| Racine | | wants or needs. By completing | | same percentage of the premium. |
| Fayetteville | | InsWebs online application, you will | | |
| Fullerton | | have rates to compare to your old | | Accidental Bodily Injury: An injury |
| Harrisburg | | ones within minutes! | | sustained accidentally. Only the result |
| Mesquite | | | | need be accidental. Contrast with |
| Newburgh | | The best time to switch policies is | | Accidental Means. |
| Eugene | | within one month of receiving your | | |
| Quincy | | policy renewal from your current | | Lapsed Policy: One which has been |
| Mesquite | | insurer. You can typically cancel your | | allowed to expire because of |
| West Palm Beach | | policy without any fees or penalties if | | nonpayment of premiums. |
| Longwood | | you act within this time period. | | |
| Montgomery | | | | Shock Loss: A catastrophic loss so |
| Westbury | | People who are trying to quit | | large that it has a material effect on |
| Mobile | | smoking, for example, might be best | | the underwriting results of a company. |
| Richmond | | suited purchasing a shorter term (and | | |
| Flushing | | then replacing it with a longer term | | Index Bureau Experience: A measure |
| Washington | | policy when they qualify for | | of losses relating to claims reported |
| Baltimore | | non-tobacco prices). | | through a claim office during a |
| El Paso | | | | 12-month period. |
