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| San Jose | | While some companies raise their | | Domestic Insurer (or Company): An |
| Chattanooga | | prices based on your actual age, | | insurer formed under the laws of the |
| Nashua | | most companies increase the price of | | state in which the insurance is written. |
| Glendale | | their policies six months before your | | |
| Fort Smith | | birthday. Its a term called Age | | Insolvent Insurer: An insurer which is |
| Hampton | | Nearest in the industry, and that | | unable to meet its financial |
| Vineland | | half-year price increase could really | | obligations. |
| Billings | | add up over a 20-year term policy. As | | |
| Rome | | above, the quicker you purchase your | | Producer: A term applied to an agent, |
| Fayetteville | | policy the better. | | solicitor or other person who sells |
| Kingsport | | | | insurance. |
| Orange Park | | The quickest and easiest way to | | |
| Stuart | | shop for new insurance is by | | Valued: Relating to an agreement by |
| Athens | | comparing rates at InsWebs online | | an insurer to pay a specified amount |
| Portland | | marketplace. If you do it the | | of money to or on behalf of the |
| Sioux Falls | | old-fashioned way (by calling or | | insured upon occurrence of a defined |
| Plano | | visiting multiple agents or insurance | | loss. |
| Acworth | | companies) it could take up a huge | | |
| Louisville | | chunk of your time, which no one | | Retrospective Premium: The final |
| Tyler | | wants or needs. By completing | | premium in a retrospective rating |
| Charlotte | | InsWebs online application, you will | | plan. See Retrospective Rating. |
| Slidell | | have rates to compare to your old | | |
| Bethlehem | | ones within minutes! | | Submitted Business: Applications for |
| Conroe | | | | insurance submitted to an insurer but |
| Huntsville | | Shopping around is the best way to | | not yet acted upon by it. |
| Minneapolis | | save money on your insurance. | | |
| Ann Arbor | | | | Admitted (or Allowed) Assets: Assets |
| Schenectady | | The best time to switch policies is | | whose values are permitted by state |
| Rome | | within one month of receiving your | | law to be included in the annual |
| Hendersonville | | policy renewal from your current | | statement of the insurer. |
| Vineland | | insurer. You can typically cancel your | | |
| Jackson | | policy without any fees or penalties if | | Mandatory Valuation Reserve: A |
| Chicago | | you act within this time period. | | reserve required by a state law to |
| Downey | | | | offset any declines in the valuation of |
| Duluth | | | | securities listed as admitted assets. |
