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| Midland | | Shopping around is the best way to | | Independent Contractor: One who |
| Des Moines | | save money on your insurance. | | agrees to perform according to a |
| Winter Park | | | | contract and who is not an employee. |
| El Cajon | | While some companies raise their | | |
| Columbia | | prices based on your actual age, | | Independent Agent: An agent |
| Hollywood | | most companies increase the price of | | operating as an independent |
| Fort Worth | | their policies six months before your | | contractor under the independent |
| Tuscaloosa | | birthday. Its a term called Age | | agency system. |
| Dallas | | Nearest in the industry, and that | | |
| Providence | | half-year price increase could really | | Theory of Probability: The |
| Jacksonville | | add up over a 20-year term policy. As | | mathematical principle upon which |
| Denver | | above, the quicker you purchase your | | insurance is based. |
| Owensboro | | policy the better. | | |
| Bakersfield | | | | Insurance Examiner: The |
| Palm Harbor | | Healthy people have the best | | representative of a state insurance |
| Columbus | | mortality risks and thus are much | | department assigned to participate in |
| Lawton | | cheaper for companies to insure. This | | the official audit and examination of |
| Wichita | | translates into lower rates for the | | an insurer. |
| Toledo | | Super Preferred customer than | | |
| Atlanta | | someone with higher risk factors such | | Will Ride: Coverage that remains in |
| Jackson | | as a heart condition, cancer or | | effect regardless of the geographical |
| Palm Desert | | diabetes. Conversely, if you were | | location in which a loss occurs. |
| Fort Myers | | unhealthy when you acquired your | | |
| Detroit | | policy, and your health has now | | Indemnify: To restore the victim of a |
| Lorain | | improved, it might be time to shop for | | loss to the same position as before |
| Irvine | | a new policy, as your rates are likely | | the loss occurred. |
| Phoenix | | to be lower. | | |
| Burbank | | | | Burning Ratio: The ratio of losses |
| New Orleans | | If you decide to cancel your policy | | suffered to the amount of insurance in |
| Flushing | | (after acquiring new coverage) | | effect. |
| Jasper | | outside of the 30-day period, you may | | |
| Valdosta | | have to pay a fee or penalty. | | Policy Anniversary: The anniversary |
| St. Joseph | | However, you may still save money | | of the date of issue of a policy as |
| Austin | | after paying the fee if your new policy | | shown in the policy declarations. |
| Fayetteville | | affords you significant savings. So | | |
| Stamford | | while it is best to wait until your | | |
| Decatur | | receive your renewal notice, you CAN | | |
| Cookeville | | cancel your policy at any time. | | |
