| | | | |
|
| Gainesville | | The best time to switch policies is | | Cash Flow Underwriting: The use of |
| Mesa | | within one month of receiving your | | rating and premium collection |
| Corpus Christi | | policy renewal from your current | | techniques by insurance companies |
| Santa Clara | | insurer. You can typically cancel your | | to maximize interest earnings on |
| Mobile | | policy without any fees or penalties if | | premiums. |
| Lawton | | you act within this time period. | | |
| Conroe | | | | Basic Rate: The manual rate from |
| Anderson | | While some companies raise their | | which discounts are taken or to which |
| Anderson | | prices based on your actual age, | | charges are added to reflect the |
| Norwalk | | most companies increase the price of | | individual circumstances of a risk. |
| Richmond | | their policies six months before your | | |
| Gainesville | | birthday. Its a term called Age | | Captive Agent: One who sells |
| Green Bay | | Nearest in the industry, and that | | insurance for only one company as |
| Bronx | | half-year price increase could really | | opposed to an agent who represents |
| Fresno | | add up over a 20-year term policy. As | | several companies. |
| Lancaster | | above, the quicker you purchase your | | |
| Shreveport | | policy the better. | | Endorsement: A written or printed form |
| Arlington | | | | attached to the policy which alters |
| Jackson | | Shopping around is the best way to | | provisions of the contract. |
| Vancouver | | save money on your insurance. | | |
| Santa Ana | | | | Admitted (or Allowed) Assets: Assets |
| Billings | | If you decide to cancel your policy | | whose values are permitted by state |
| Louisville | | (after acquiring new coverage) | | law to be included in the annual |
| Westbury | | outside of the 30-day period, you may | | statement of the insurer. |
| Lima | | have to pay a fee or penalty. | | |
| Santa Barbara | | However, you may still save money | | Producer: A term applied to an agent, |
| Daytona Beach | | after paying the fee if your new policy | | solicitor or other person who sells |
| Tampa | | affords you significant savings. So | | insurance. |
| North Hollywood | | while it is best to wait until your | | |
| Fayetteville | | receive your renewal notice, you CAN | | First Party Insurance: Insurance which |
| Fairfax | | cancel your policy at any time. | | applies to coverage for the insured's |
| Englewood | | | | own property or person. Contrast with |
| Kansas City | | People who are trying to quit | | Third Party Insurance. |
| Gainesville | | smoking, for example, might be best | | |
| Milwaukee | | suited purchasing a shorter term (and | | |
| Hendersonville | | then replacing it with a longer term | | |
| Shreveport | | policy when they qualify for | | |
| Toms River | | non-tobacco prices). | | |
