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| Denver | | The best time to switch policies is | | Provisions: Statements contained in |
| Tuscaloosa | | within one month of receiving your | | an insurance policy which explain the |
| Augusta | | policy renewal from your current | | benefits, conditions and other |
| Lima | | insurer. You can typically cancel your | | features of the insurance contract. |
| Kalamazoo | | policy without any fees or penalties if | | |
| Duluth | | you act within this time period. | | Agent's Qualification Law: Education, |
| Knoxville | | | | experience, and other requirements |
| Stockton | | Why not take advantage of current | | imposed by the state upon persons |
| Cincinnati | | low prices? Many auto insurance | | desiring to be licensed as agents. |
| Turlock | | consumers are becoming educated | | |
| Kalamazoo | | on other companies, plans, and rates | | Notice To Company: Written notice to |
| Kansas City | | that are available to them; ones that | | an insurer of the occurrence of an |
| Naperville | | could afford them significant savings | | event which a claim is to be based. |
| Winter Haven | | on their auto insurance. | | |
| Dallas | | | | Sole Proprietorship: A business |
| Springfield | | The quickest and easiest way to | | enterprise owned by one person who |
| Whittier | | shop for new insurance is by | | is its manager and employee. |
| Palo Alto | | comparing rates at InsWebs online | | |
| Evanston | | marketplace. If you do it the | | Burning Ratio: The ratio of losses |
| Gulfport | | old-fashioned way (by calling or | | suffered to the amount of insurance in |
| Fresno | | visiting multiple agents or insurance | | effect. |
| Long Beach | | companies) it could take up a huge | | |
| Little Rock | | chunk of your time, which no one | | Commingling: An illegal practice |
| Jackson | | wants or needs. By completing | | which occurs when an agent mixes |
| Mesquite | | InsWebs online application, you will | | personal funds with the insured's or |
| Stamford | | have rates to compare to your old | | insurer's funds. |
| Killeen | | ones within minutes! | | |
| Fresno | | | | Operating Expense: The expense of |
| Madison | | While some companies raise their | | an insurer other than commissions |
| Escondido | | prices based on your actual age, | | and taxes. Called " and Insurance |
| Valdosta | | most companies increase the price of | | Expense" in the convention statement |
| Raleigh | | their policies six months before your | | blank. |
| Columbia | | birthday. Its a term called Age | | |
| Redlands | | Nearest in the industry, and that | | Agency Contract (or Agreement): The |
| Topeka | | half-year price increase could really | | document which establishes the legal |
| Winter Haven | | add up over a 20-year term policy. As | | relationship between an agent and an |
| Honolulu | | above, the quicker you purchase your | | insurer. |
| Houston | | policy the better. | | |
