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| Orange Park | | Shopping around is the best way to | | Agency Contract (or Agreement): The |
| Fremont | | save money on your insurance. | | document which establishes the legal |
| Gainesville | | | | relationship between an agent and an |
| Owensboro | | While some companies raise their | | insurer. |
| Louisville | | prices based on your actual age, | | |
| Huntington | | most companies increase the price of | | Substandard Risk: A risk not |
| Gainesville | | their policies six months before your | | measuring up to underwriting |
| Asheville | | birthday. Its a term called Age | | standards. It may still be written but |
| Quincy | | Nearest in the industry, and that | | usually at a surcharged premium. |
| Whittier | | half-year price increase could really | | |
| Thousand Oaks | | add up over a 20-year term policy. As | | Commercial Lines: This term is used |
| Providence | | above, the quicker you purchase your | | to refer to insurance for businesses, |
| West Palm Beach | | policy the better. | | professionals, and commercial |
| Huntsville | | | | establishments. |
| Lowell | | If you decide to cancel your policy | | |
| Burbank | | (after acquiring new coverage) | | Burning Ratio: The ratio of losses |
| Kalamazoo | | outside of the 30-day period, you may | | suffered to the amount of insurance in |
| Milwaukee | | have to pay a fee or penalty. | | effect. |
| El Paso | | However, you may still save money | | |
| Toledo | | after paying the fee if your new policy | | Inspection: Independent checking on |
| Gainesville | | affords you significant savings. So | | facts about an applicant, |
| Jackson | | while it is best to wait until your | | policyholder, or claimant, usually by a |
| Indianapolis | | receive your renewal notice, you CAN | | commercial inspection agency. |
| Columbus | | cancel your policy at any time. | | |
| Albuquerque | | | | Provisional Rate: Tentative rates, |
| Kalamazoo | | The quickest and easiest way to | | premiums or commissions that are |
| Glendale | | shop for new insurance is by | | subject to subsequent adjustment. |
| Virginia Beach | | comparing rates at InsWebs online | | See Commission and Premium. |
| Troy | | marketplace. If you do it the | | |
| Huntsville | | old-fashioned way (by calling or | | Line of Business: The classification of |
| Rockford | | visiting multiple agents or insurance | | business as utilized in the insurance |
| Durham | | companies) it could take up a huge | | industry, e.g., Fire, Allied Lines and |
| Los Angeles | | chunk of your time, which no one | | Homeowners. |
| Long Island City | | wants or needs. By completing | | |
| Syracuse | | InsWebs online application, you will | | |
| Springfield | | have rates to compare to your old | | |
| Mountain View | | ones within minutes! | | |
