| | | | |
|
| Portland | | Make sure you have a new policy in | | Insolvent Insurer: An insurer which is |
| Florence | | place before you cancel your old one | | unable to meet its financial |
| Kansas City | | to avoid a lapse in coverage. This will | | obligations. |
| Slidell | | also prevent having to figure out the | | |
| Cherry Hill | | amount of any unused premium that is | | Independent Contractor: One who |
| Greeley | | due to you from your old insurance | | agrees to perform according to a |
| Slidell | | company, or having to spar with your | | contract and who is not an employee. |
| Jackson | | agent about exactly when your policy | | |
| Baton Rouge | | was cancelled and how much they | | Partial Loss: A loss covered by an |
| Wilmington | | owe you. | | insurance policy which does not |
| Grand Rapids | | | | completely destroy or render |
| Henderson | | People who are trying to quit | | worthless the insured property. |
| Naples | | smoking, for example, might be best | | |
| Canton | | suited purchasing a shorter term (and | | Insurance Policy: The printed form |
| Lake Worth | | then replacing it with a longer term | | which serves as the contract between |
| Woodbridge | | policy when they qualify for | | an insurer and an insured. |
| Warren | | non-tobacco prices). | | |
| Miami | | | | Inspection: Independent checking on |
| Seattle | | Individuals who have 30-year | | facts about an applicant, |
| Spartanburg | | mortgages might want to consider a | | policyholder, or claimant, usually by a |
| Westbury | | 30-year term to ensure that the house | | commercial inspection agency. |
| Evansville | | is protected throughout the period of | | |
| Corona | | the loan. | | New For Old: Replacing old |
| Silver Spring | | | | damaged parts or equipment with |
| Durham | | Healthy people have the best | | new ones rather than repairing them. |
| Cleveland | | mortality risks and thus are much | | |
| Omaha | | cheaper for companies to insure. This | | Approved Roof: A term used in |
| Columbia | | translates into lower rates for the | | building construction. It indicates a |
| Oakland | | Super Preferred customer than | | roof made of fire-resistive materials, |
| Ann Arbor | | someone with higher risk factors such | | such as tile or asphalt shingles. |
| Fort Myers | | as a heart condition, cancer or | | |
| Delray Beach | | diabetes. Conversely, if you were | | Multi-Peril Policies: Policies which |
| Las Cruces | | unhealthy when you acquired your | | cover a number of perils, such as fire, |
| Sterling Heights | | policy, and your health has now | | burglary, and liability, in a single |
| Franklin | | improved, it might be time to shop for | | contract. |
| Sarasota | | a new policy, as your rates are likely | | |
| Warren | | to be lower. | | |
