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| Johnson City | | If you decide to cancel your policy | | Policywriting Agent: An agent who has |
| Houma | | (after acquiring new coverage) | | the authority to prepare and effect an |
| Phoenix | | outside of the 30-day period, you may | | insurer's policy. |
| Kingsport | | have to pay a fee or penalty. | | |
| Lafayette | | However, you may still save money | | Director of Insurance: A title used in |
| New Port Richey | | after paying the fee if your new policy | | some states for the head of the |
| Killeen | | affords you significant savings. So | | department of insurance. |
| Myrtle Beach | | while it is best to wait until your | | |
| Albany | | receive your renewal notice, you CAN | | Notice To Company: Written notice to |
| Boca Raton | | cancel your policy at any time. | | an insurer of the occurrence of an |
| New Port Richey | | | | event which a claim is to be based. |
| Columbus | | Healthy people have the best | | |
| Downey | | mortality risks and thus are much | | Agency Company: An insurance |
| Arlington | | cheaper for companies to insure. This | | company that produces business |
| West Palm Beach | | translates into lower rates for the | | through an agency network. Contrast |
| Macon | | Super Preferred customer than | | with Direct Writer. |
| Overland Park | | someone with higher risk factors such | | |
| Chesapeake | | as a heart condition, cancer or | | Valuation Clause: A clause stating the |
| Longmont | | diabetes. Conversely, if you were | | value of items for insurance |
| Bayside | | unhealthy when you acquired your | | purposes, making it a valued policy. |
| Louisville | | policy, and your health has now | | |
| Norfolk | | improved, it might be time to shop for | | Open Rating: A system whereby a |
| Sioux Falls | | a new policy, as your rates are likely | | state allows an insurer to use rates |
| Joliet | | to be lower. | | without prior approval. |
