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| Youngstown | | Make sure you have a new policy in | | Agency Contract (or Agreement): The |
| St. Paul | | place before you cancel your old one | | document which establishes the legal |
| Sacramento | | to avoid a lapse in coverage. This will | | relationship between an agent and an |
| Fort Collins | | also prevent having to figure out the | | insurer. |
| Grand Junction | | amount of any unused premium that is | | |
| Columbia | | due to you from your old insurance | | Liabilities: Money owed or expected |
| Oceanside | | company, or having to spar with your | | to be owed. Insurance company |
| Chula Vista | | agent about exactly when your policy | | financial statements, for instance, |
| Lincoln | | was cancelled and how much they | | show assets and liabilities. |
| Johnson City | | owe you. | | |
| Houma | | | | Policy Anniversary: The anniversary |
| Kingsport | | Individuals who have 30-year | | of the date of issue of a policy as |
| Erie | | mortgages might want to consider a | | shown in the policy declarations. |
| Oceanside | | 30-year term to ensure that the house | | |
| Livonia | | is protected throughout the period of | | Will Ride: Coverage that remains in |
| Fall River | | the loan. | | effect regardless of the geographical |
| Mesquite | | | | location in which a loss occurs. |
| Spartanburg | | The quickest and easiest way to | | |
| Brooklyn | | shop for new insurance is by | | Provisional Rate: Tentative rates, |
| Huntington Beach | | comparing rates at InsWebs online | | premiums or commissions that are |
| Kansas City | | marketplace. If you do it the | | subject to subsequent adjustment. |
| Union | | old-fashioned way (by calling or | | See Commission and Premium. |
| Pasadena | | visiting multiple agents or insurance | | |
| Las Vegas | | companies) it could take up a huge | | Agent's Balance: A periodic |
| Muskegon | | chunk of your time, which no one | | statement of the sums due and owed |
| Charleston | | wants or needs. By completing | | to an agent under the agent's contract |
| Englewood | | InsWebs online application, you will | | with an insurer. |
| Newburgh | | have rates to compare to your old | | |
| Lafayette | | ones within minutes! | | Claim Report: A report filed by an |
| Long Island City | | | | agent setting forth the facts of a claim. |
| Union | | People who are trying to quit | | Same as Loss Report. |
| Cape Coral | | smoking, for example, might be best | | |
| Alpharetta | | suited purchasing a shorter term (and | | Basic Rate: The manual rate from |
| White Plains | | then replacing it with a longer term | | which discounts are taken or to which |
| Dayton | | policy when they qualify for | | charges are added to reflect the |
| Wilmington | | non-tobacco prices). | | individual circumstances of a risk. |
