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| Asheville | | Why not take advantage of current | | Will Ride: Coverage that remains in |
| Lexington | | low prices? Many auto insurance | | effect regardless of the geographical |
| St. Louis | | consumers are becoming educated | | location in which a loss occurs. |
| Nashville | | on other companies, plans, and rates | | |
| Lakeland | | that are available to them; ones that | | Provisional Rate: Tentative rates, |
| Scranton | | could afford them significant savings | | premiums or commissions that are |
| Stockton | | on their auto insurance. | | subject to subsequent adjustment. |
| Miami | | | | See Commission and Premium. |
| Pembroke Pines | | Make sure you have a new policy in | | |
| Nashville | | place before you cancel your old one | | Loss Adjustment Expense: The cost |
| Rockville | | to avoid a lapse in coverage. This will | | of adjusting losses, excluding the |
| Chesapeake | | also prevent having to figure out the | | amount of the loss itself. |
| Indianapolis | | amount of any unused premium that is | | |
| Lexington | | due to you from your old insurance | | Agent's Balance: A periodic |
| Palm Desert | | company, or having to spar with your | | statement of the sums due and owed |
| Hampton | | agent about exactly when your policy | | to an agent under the agent's contract |
| Glendale | | was cancelled and how much they | | with an insurer. |
| Richmond | | owe you. | | |
| Anchorage | | | | Operating Expense: The expense of |
| Lincoln | | The best time to switch policies is | | an insurer other than commissions |
| El Paso | | within one month of receiving your | | and taxes. Called " and Insurance |
| Cape Coral | | policy renewal from your current | | Expense" in the convention statement |
| Tyler | | insurer. You can typically cancel your | | blank. |
| Jackson | | policy without any fees or penalties if | | |
| Milwaukee | | you act within this time period. | | Renewal: The reestablishment of the |
| Albuquerque | | | | in-force status of a policy, the term of |
| Green Bay | | If you decide to cancel your policy | | which has expired or will expire |
| Troy | | (after acquiring new coverage) | | unless it is renewed. |
| Johnstown | | outside of the 30-day period, you may | | |
| Roanoke | | have to pay a fee or penalty. | | Deficit Carried Forward: The transfer |
| Huntington | | However, you may still save money | | of a debit balance from one |
| Escondido | | after paying the fee if your new policy | | accounting period to another. |
| Aurora | | affords you significant savings. So | | |
| South Bend | | while it is best to wait until your | | Sherman Antitrust Act: An antitrust law |
| Johnstown | | receive your renewal notice, you CAN | | from which insurance is exempted to |
| Durham | | cancel your policy at any time. | | the extent that it is regulated by state |
| Newburgh | | | | law. |
