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| Lincoln | | The best time to switch policies is | | Monoline Policy: Any insurance |
| Council Bluffs | | within one month of receiving your | | coverage written as a single line |
| Jasper | | policy renewal from your current | | policy. Contrast with Multiple Line or |
| Gulfport | | insurer. You can typically cancel your | | Package policy. |
| Bradenton | | policy without any fees or penalties if | | |
| Seattle | | you act within this time period. | | Convention Values: Values assigned |
| Boynton Beach | | | | to insurers' assets in the convention |
| Asheville | | Healthy people have the best | | blank. |
| Racine | | mortality risks and thus are much | | |
| Livonia | | cheaper for companies to insure. This | | Basic Rate: The manual rate from |
| Reading | | translates into lower rates for the | | which discounts are taken or to which |
| Shreveport | | Super Preferred customer than | | charges are added to reflect the |
| Kalamazoo | | someone with higher risk factors such | | individual circumstances of a risk. |
| Dallas | | as a heart condition, cancer or | | |
| Cambridge | | diabetes. Conversely, if you were | | Preferred Risk: Any risk considered |
| Fort Worth | | unhealthy when you acquired your | | to be better than the standard risk on |
| Grand Prairie | | policy, and your health has now | | which the premium rate was |
| Huntington Beach | | improved, it might be time to shop for | | calculated. |
| Hemet | | a new policy, as your rates are likely | | |
| Jonesboro | | to be lower. | | Underinsurance: A condition in which |
| Hartford | | | | not enough insurance is carried to |
| Albuquerque | | The quickest and easiest way to | | cover the insurable value. |
| Dayton | | shop for new insurance is by | | |
| Grand Prairie | | comparing rates at InsWebs online | | Line of Business: The classification of |
| Delray Beach | | marketplace. If you do it the | | business as utilized in the insurance |
| Saginaw | | old-fashioned way (by calling or | | industry, e.g., Fire, Allied Lines and |
| Jacksonville | | visiting multiple agents or insurance | | Homeowners. |
| Longview | | companies) it could take up a huge | | |
| St. Paul | | chunk of your time, which no one | | Depreciation: A decrease in the value |
| Mansfield | | wants or needs. By completing | | of any type of tangible property over |
| Texarkana | | InsWebs online application, you will | | a period of time resulting from use, |
| Redlands | | have rates to compare to your old | | wear and tear, or obsolescence. |
| Cincinnati | | ones within minutes! | | |
| Orlando | | | | Standard Industry Code (SIC): This is |
| Seattle | | | | a coding system which assigns |
| Conroe | | | | separate codes for different types of |
| Huntington | | | | industries. |
