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| Louisville | | The best time to switch policies is | | Accident Year Experience: Measures |
| Augusta | | within one month of receiving your | | premiums and losses relating to |
| Cincinnati | | policy renewal from your current | | accidents which occurred during a |
| Huntington | | insurer. You can typically cancel your | | 12-month period. |
| Woodbridge | | policy without any fees or penalties if | | |
| Quincy | | you act within this time period. | | Director of Insurance: A title used in |
| San Diego | | | | some states for the head of the |
| Canton | | While some companies raise their | | department of insurance. |
| Asheville | | prices based on your actual age, | | |
| South Bend | | most companies increase the price of | | Fiduciary: A person holding the funds |
| Hattiesburg | | their policies six months before your | | or property of another in a position of |
| Ocala | | birthday. Its a term called Age | | trust. An example would be the |
| Huntington | | Nearest in the industry, and that | | executor of an estate. |
| Mesa | | half-year price increase could really | | |
| Berkeley | | add up over a 20-year term policy. As | | Commercial Lines: This term is used |
| Kalamazoo | | above, the quicker you purchase your | | to refer to insurance for businesses, |
| Muskegon | | policy the better. | | professionals, and commercial |
| Tulsa | | | | establishments. |
| Dallas | | Individuals who have 30-year | | |
| Joliet | | mortgages might want to consider a | | Short Rate Premium: The premium |
| Lafayette | | 30-year term to ensure that the house | | required for issuing a policy for a |
| Costa Mesa | | is protected throughout the period of | | period less than its normal term. |
| New Port Richey | | the loan. | | |
| York | | | | Earned Income: The money |
| Newport News | | People who are trying to quit | | individuals earn as a result of working |
| Mansfield | | smoking, for example, might be best | | at some job or occupation for which |
| Fall River | | suited purchasing a shorter term (and | | they are paid a salary. |
| South Bend | | then replacing it with a longer term | | |
| Johnson City | | policy when they qualify for | | Commingling: An illegal practice |
| Norfolk | | non-tobacco prices). | | which occurs when an agent mixes |
| York | | | | personal funds with the insured's or |
| Minneapolis | | Make sure you have a new policy in | | insurer's funds. |
| Glendale | | place before you cancel your old one | | |
| Longwood | | to avoid a lapse in coverage. This will | | Theory of Probability: The |
| Oakland | | also prevent having to figure out the | | mathematical principle upon which |
| Houston | | amount of any unused premium that is | | insurance is based. |
| Hartford | | due to you from your old insurance | | |
| Scranton | | company, or having to spar with your | | |
| Odessa | | agent about exactly when your policy | | |
| Melbourne | | was cancelled and how much they | | |
| Staten Island | | owe you. | | |
