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| Ocala | | The best time to switch policies is | | Insolvent Insurer: An insurer which is |
| Detroit | | within one month of receiving your | | unable to meet its financial |
| Ann Arbor | | policy renewal from your current | | obligations. |
| Cedar Rapids | | insurer. You can typically cancel your | | |
| Berkeley | | policy without any fees or penalties if | | Expense Allowance: A compensation |
| Eugene | | you act within this time period. | | paid to an insurance agent in excess |
| Lafayette | | | | of prescribed commissions. |
| Chicago | | If you decide to cancel your policy | | |
| Nashua | | (after acquiring new coverage) | | Collusion: An agreement, usually |
| Orange Park | | outside of the 30-day period, you may | | secret, between two or more persons |
| Columbia | | have to pay a fee or penalty. | | to defraud or deprive another or |
| Alameda | | However, you may still save money | | others of their property or rights. |
| Syracuse | | after paying the fee if your new policy | | |
| Oxnard | | affords you significant savings. So | | Sherman Antitrust Act: An antitrust law |
| Longview | | while it is best to wait until your | | from which insurance is exempted to |
| Cypress | | receive your renewal notice, you CAN | | the extent that it is regulated by state |
| Fairfax | | cancel your policy at any time. | | law. |
