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| Santa Barbara | | Make sure you have a new policy in | | Loss Adjustment Expense: The cost |
| Scranton | | place before you cancel your old one | | of adjusting losses, excluding the |
| Cleveland | | to avoid a lapse in coverage. This will | | amount of the loss itself. |
| Evansville | | also prevent having to figure out the | | |
| Pembroke Pines | | amount of any unused premium that is | | Retrospective Premium: The final |
| Rapid City | | due to you from your old insurance | | premium in a retrospective rating |
| Venice | | company, or having to spar with your | | plan. See Retrospective Rating. |
| Rapid City | | agent about exactly when your policy | | |
| Cookeville | | was cancelled and how much they | | Loss Frequency: The number of times |
| Oxnard | | owe you. | | a loss occurs over a specific period |
| Muskegon | | | | of time. |
| Venice | | Individuals who have 30-year | | |
| Littleton | | mortgages might want to consider a | | Open Rating: A system whereby a |
| Owensboro | | 30-year term to ensure that the house | | state allows an insurer to use rates |
| Newburgh | | is protected throughout the period of | | without prior approval. |
| Harlingen | | the loan. | | |
| Beaumont | | | | Indemnity: Restoration to the victim of |
| Orange | | Why not take advantage of current | | a loss by payment, repair, or |
| Las Cruces | | low prices? Many auto insurance | | replacement. |
| Scranton | | consumers are becoming educated | | |
| Springfield | | on other companies, plans, and rates | | Nonadmitted Insurer: An insurer not |
| Vancouver | | that are available to them; ones that | | licensed to do business in the |
| Youngstown | | could afford them significant savings | | jurisdiction in question. Same as |
| Albany | | on their auto insurance. | | Unauthorized Insurer and Unlicensed |
| Kansas City | | | | Insurer. |
| Rockville | | The quickest and easiest way to | | |
| Redlands | | shop for new insurance is by | | Professional Insurance Agents |
| St. Paul | | comparing rates at InsWebs online | | Association: A trade association of |
| Hollywood | | marketplace. If you do it the | | mutual insurance agents. |
| Monroe | | old-fashioned way (by calling or | | |
| Ocala | | visiting multiple agents or insurance | | Sole Proprietorship: A business |
| Winter Haven | | companies) it could take up a huge | | enterprise owned by one person who |
| Flushing | | chunk of your time, which no one | | is its manager and employee. |
| Anaheim | | wants or needs. By completing | | |
| Texarkana | | InsWebs online application, you will | | |
| Santa Barbara | | have rates to compare to your old | | |
| Reno | | ones within minutes! | | |