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| Philadelphia | | If you decide to cancel your policy | | Borderline Risk: An insurance |
| Indianapolis | | (after acquiring new coverage) | | prospect of doubtful quality from an |
| Longmont | | outside of the 30-day period, you may | | underwriting point of view. |
| Sioux Falls | | have to pay a fee or penalty. | | |
| Manchester | | However, you may still save money | | Claim: A demand made by the |
| Lawton | | after paying the fee if your new policy | | insured, or the insured's beneficiary, |
| Santa Monica | | affords you significant savings. So | | for payment of the benefits provided |
| Vancouver | | while it is best to wait until your | | by the contract. |
| Kansas City | | receive your renewal notice, you CAN | | |
| High Point | | cancel your policy at any time. | | National Auto Theft Bureau: An |
| Rapid City | | | | organization engaged in the |
| Huntsville | | While some companies raise their | | prevention and reduction of motor |
| Glendale | | prices based on your actual age, | | vehicle fire and theft losses. |
| Hickory | | most companies increase the price of | | |
| Milwaukee | | their policies six months before your | | Other Insurance: The existence of |
| Houma | | birthday. Its a term called Age | | other contracts covering the same |
| Tuscaloosa | | Nearest in the industry, and that | | interest and perils. |
| Huntsville | | half-year price increase could really | | |
| Garland | | add up over a 20-year term policy. As | | Fictitious Groups: Groups formed |
| Boulder | | above, the quicker you purchase your | | primarily for the purpose of buying |
| Sarasota | | policy the better. | | insurance. Under the law such groups |
| Columbus | | | | may not be underwritten. |
| Oxnard | | Healthy people have the best | | |
| Valdosta | | mortality risks and thus are much | | Gross Premium: The net premium |
| Bloomington | | cheaper for companies to insure. This | | plus operating expenses, |
| Abilene | | translates into lower rates for the | | commissions and other expenses. |
| Dallas | | Super Preferred customer than | | |
| Metairie | | someone with higher risk factors such | | Claim Report: A report filed by an |
| Rapid City | | as a heart condition, cancer or | | agent setting forth the facts of a claim. |
| Baton Rouge | | diabetes. Conversely, if you were | | Same as Loss Report. |
| Santa Barbara | | unhealthy when you acquired your | | |
| Lake Charles | | policy, and your health has now | | Single Limit: Any insurance coverage |
| Costa Mesa | | improved, it might be time to shop for | | which is expressed as a single |
| Grand Junction | | a new policy, as your rates are likely | | amount of insurance, or a single limit |
| Des Moines | | to be lower. | | of liability. Contrast with Split Limit. |
