| | | | |
|
| Mesa | | Make sure you have a new policy in | | Book Value: Refers to the value of |
| Palm Desert | | place before you cancel your old one | | assets as shown in the official |
| Newburgh | | to avoid a lapse in coverage. This will | | accounting records of the company. |
| Metairie | | also prevent having to figure out the | | |
| Hot Springs | | amount of any unused premium that is | | Borderline Risk: An insurance |
| Los Angeles | | due to you from your old insurance | | prospect of doubtful quality from an |
| Irvine | | company, or having to spar with your | | underwriting point of view. |
| Jonesboro | | agent about exactly when your policy | | |
| Springfield | | was cancelled and how much they | | Legislative Risk: A risk faced by |
| Redlands | | owe you. | | investors whereby changes in tax |
| Bradenton | | | | laws can result in adverse effects on |
| Fullerton | | Shopping around is the best way to | | the individual's investment results. |
| Rochester | | save money on your insurance. | | |
| Nashville | | | | Insurance Policy: The printed form |
| Yonkers | | Why not take advantage of current | | which serves as the contract between |
| Winter Park | | low prices? Many auto insurance | | an insurer and an insured. |
| Athens | | consumers are becoming educated | | |
| Mesa | | on other companies, plans, and rates | | Appraisal: An evaluation of property |
| West Palm Beach | | that are available to them; ones that | | made to ascertain either the |
| Pensacola | | could afford them significant savings | | appropriate amount of insurance to |
| Macon | | on their auto insurance. | | be written or the amount of loss to be |
| Gaithersburg | | | | paid. |
| Asheville | | If you have noticed that your auto | | |
| Chandler | | insurance rates are still increasing | | Losses Incurred: The total losses, |
| Olympia | | with each renewal, or even have not | | whether paid or not, sustained by an |
| Overland Park | | gone down even though you have a | | insurer during a given period, e.g., 12 |
| Corpus Christi | | great driving record, this lower pricing | | months. |
| Stockton | | trend makes it more important then | | |
| Dubuque | | ever that you shop around for auto | | Shock Loss: A catastrophic loss so |
| Palm Desert | | insurance. | | large that it has a material effect on |
| Santa Ana | | | | the underwriting results of a company. |
| Warren | | If you decide to cancel your policy | | |
| Clinton Township | | (after acquiring new coverage) | | Divided Cover: The placing of |
| Silver Spring | | outside of the 30-day period, you may | | insurance on a given subject or |
| Florissant | | have to pay a fee or penalty. | | object with more than one insurer. |
| Chattanooga | | However, you may still save money | | |
| New Port Richey | | after paying the fee if your new policy | | |
| Newport News | | affords you significant savings. So | | |
| New Orleans | | while it is best to wait until your | | |
| Slidell | | receive your renewal notice, you CAN | | |
| San Bernardino | | cancel your policy at any time. | | |
