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| High Point | | The best time to switch policies is | | Exclusions: Specific situations, |
| Portland | | within one month of receiving your | | conditions, or circumstances that are |
| San Francisco | | policy renewal from your current | | listed in the contract as being not |
| Delray Beach | | insurer. You can typically cancel your | | covered. |
| Williamsport | | policy without any fees or penalties if | | |
| Marietta | | you act within this time period. | | Insurance to Value: Insurance written |
| Warwick | | | | in an amount approximating the value |
| Walnut Creek | | People who are trying to quit | | of the property insured. |
| Clearwater | | smoking, for example, might be best | | |
| Riverside | | suited purchasing a shorter term (and | | Admitted Company: An insurance |
| Worcester | | then replacing it with a longer term | | company authorized and licensed to |
| Virginia Beach | | policy when they qualify for | | do business in a given state. |
| Sioux Falls | | non-tobacco prices). | | |
| Pembroke Pines | | | | Notice To Company: Written notice to |
| Irving | | Why not take advantage of current | | an insurer of the occurrence of an |
| Albany | | low prices? Many auto insurance | | event which a claim is to be based. |
| Milwaukee | | consumers are becoming educated | | |
| Saginaw | | on other companies, plans, and rates | | Director of Insurance: A title used in |
| Alpharetta | | that are available to them; ones that | | some states for the head of the |
| Hollywood | | could afford them significant savings | | department of insurance. |
| Belleville | | on their auto insurance. | | |
| Springfield | | | | Renewal: The reestablishment of the |
| Joliet | | While some companies raise their | | in-force status of a policy, the term of |
| Greenville | | prices based on your actual age, | | which has expired or will expire |
| Arlington | | most companies increase the price of | | unless it is renewed. |
| Escondido | | their policies six months before your | | |
| Cypress | | birthday. Its a term called Age | | Basic Rate: The manual rate from |
| Salem | | Nearest in the industry, and that | | which discounts are taken or to which |
| Cherry Hill | | half-year price increase could really | | charges are added to reflect the |
| Albuquerque | | add up over a 20-year term policy. As | | individual circumstances of a risk. |
| Greeley | | above, the quicker you purchase your | | |
| Phoenix | | policy the better. | | Incurred Expense: Expenses not yet |
| Ventura | | | | paid. Can also include paid |
| Boston | | If you decide to cancel your policy | | expenses in some accounting |
| Bradenton | | (after acquiring new coverage) | | systems. |
| Knoxville | | outside of the 30-day period, you may | | |
| Canton | | have to pay a fee or penalty. | | |
| Cookeville | | However, you may still save money | | |
| New Orleans | | after paying the fee if your new policy | | |
| Austin | | affords you significant savings. So | | |
| Hendersonville | | while it is best to wait until your | | |
| Newark | | receive your renewal notice, you CAN | | |
| San Diego | | cancel your policy at any time. | | |
