| | | | |
|
| Lima | | Why not take advantage of current | | Net Loss: The amount of loss |
| Minneapolis | | low prices? Many auto insurance | | sustained by an insurer after giving |
| Silver Spring | | consumers are becoming educated | | effect to all applicable reinsurance, |
| Fort Lauderdale | | on other companies, plans, and rates | | salvage, and subrogation recoveries. |
| Springfield | | that are available to them; ones that | | |
| Detroit | | could afford them significant savings | | Short-Term Policy: A policy written for |
| Decatur | | on their auto insurance. | | a period of less time than is normal for |
| Bradenton | | | | that type of policy. |
| Coral Springs | | Everyone has different needs, and | | |
| Flint | | not one size fits all when it comes to | | Claim: A demand made by the |
| Charleston | | term life insurance. While it may make | | insured, or the insured's beneficiary, |
| Charlotte | | sense for people in their 30s and 40s | | for payment of the benefits provided |
| New Port Richey | | to secure a 20-year term length, a | | by the contract. |
| Oceanside | | 10-year term might be more | | |
| Henderson | | appropriate for someone nearing | | Agency Company: An insurance |
| Hattiesburg | | retirement. | | company that produces business |
| Irvine | | | | through an agency network. Contrast |
| Chicago | | Shopping around is the best way to | | with Direct Writer. |
| Virginia Beach | | save money on your insurance. | | |
| Erie | | | | Interline Endorsement: Commercial |
| Albany | | While some companies raise their | | endorsements that apply, or could |
| Jackson | | prices based on your actual age, | | apply, to more than one coverage |
| Vero Beach | | most companies increase the price of | | part of a package policy. |
| Bethlehem | | their policies six months before your | | |
| Worcester | | birthday. Its a term called Age | | Notice of Cancellation: Written notice |
| Olympia | | Nearest in the industry, and that | | by an insurer of intent to cancel |
| Killeen | | half-year price increase could really | | insurance, or written notice by an |
| Mountain View | | add up over a 20-year term policy. As | | insured requesting cancellation. |
| Fresno | | above, the quicker you purchase your | | |
| Duluth | | policy the better. | | Monoline Policy: Any insurance |
| Franklin | | | | coverage written as a single line |
| Rochester | | If you decide to cancel your policy | | policy. Contrast with Multiple Line or |
| Chesapeake | | (after acquiring new coverage) | | Package policy. |
| Wichita | | outside of the 30-day period, you may | | |
| Birmingham | | have to pay a fee or penalty. | | |
| Marietta | | However, you may still save money | | |
| Decatur | | after paying the fee if your new policy | | |
| Columbus | | affords you significant savings. So | | |
| Garland | | while it is best to wait until your | | |
| Santa Ana | | receive your renewal notice, you CAN | | |
| New Port Richey | | cancel your policy at any time. | | |
