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| Richmond | | The quickest and easiest way to | | Domestic Insurer (or Company): An |
| Thousand Oaks | | shop for new insurance is by | | insurer formed under the laws of the |
| Tuscaloosa | | comparing rates at InsWebs online | | state in which the insurance is written. |
| Cherry Hill | | marketplace. If you do it the | | |
| Fort Worth | | old-fashioned way (by calling or | | Liabilities: Money owed or expected |
| Mansfield | | visiting multiple agents or insurance | | to be owed. Insurance company |
| Oakland | | companies) it could take up a huge | | financial statements, for instance, |
| New Port Richey | | chunk of your time, which no one | | show assets and liabilities. |
| Edmond | | wants or needs. By completing | | |
| Venice | | InsWebs online application, you will | | Single Limit: Any insurance coverage |
| Johnstown | | have rates to compare to your old | | which is expressed as a single |
| Arlington | | ones within minutes! | | amount of insurance, or a single limit |
| Reno | | | | of liability. Contrast with Split Limit. |
| Council Bluffs | | Healthy people have the best | | |
| Syracuse | | mortality risks and thus are much | | Equity: The money value of an |
| Newark | | cheaper for companies to insure. This | | insurance company that is over and |
| Buffalo | | translates into lower rates for the | | above its liabilities. Liabilities include |
| Newburgh | | Super Preferred customer than | | almost all of its reserves. |
| Oceanside | | someone with higher risk factors such | | |
| Norfolk | | as a heart condition, cancer or | | Book Value: Refers to the value of |
| Charlotte | | diabetes. Conversely, if you were | | assets as shown in the official |
| Fort Lauderdale | | unhealthy when you acquired your | | accounting records of the company. |
| Stockton | | policy, and your health has now | | |
| Grand Rapids | | improved, it might be time to shop for | | Not Taken: Policies applied for and |
| Costa Mesa | | a new policy, as your rates are likely | | issued but rejected by the proposed |
| Norfolk | | to be lower. | | owner and not paid for. |