| | | | |
|
| Greeley | | At InsWeb, you can compare free | | Single Limit: Any insurance coverage |
| Glendale | | online insurance quotes from many of | | which is expressed as a single |
| Harrisburg | | the nations leading insurance | | amount of insurance, or a single limit |
| Berkeley | | companies. | | of liability. Contrast with Split Limit. |
| Kalamazoo | | | | |
| Stockton | | People who are trying to quit | | Valuation Clause: A clause stating the |
| Mobile | | smoking, for example, might be best | | value of items for insurance |
| Santa Barbara | | suited purchasing a shorter term (and | | purposes, making it a valued policy. |
| El Cajon | | then replacing it with a longer term | | |
| Anchorage | | policy when they qualify for | | Indemnity: Restoration to the victim of |
| Portland | | non-tobacco prices). | | a loss by payment, repair, or |
| Topeka | | | | replacement. |
| Miami | | If you decide to cancel your policy | | |
| San Antonio | | (after acquiring new coverage) | | Substandard Risk: A risk not |
| Portland | | outside of the 30-day period, you may | | measuring up to underwriting |
| Asheville | | have to pay a fee or penalty. | | standards. It may still be written but |
| Jackson | | However, you may still save money | | usually at a surcharged premium. |
| Chattanooga | | after paying the fee if your new policy | | |
| Bethlehem | | affords you significant savings. So | | License: A certification of authority for |
| Bethlehem | | while it is best to wait until your | | an agent or insurer to operate, given |
| Hollywood | | receive your renewal notice, you CAN | | by the appropriate jurisdiction. |
| Lafayette | | cancel your policy at any time. | | |
| Manchester | | | | Net Retention: The amount of |
| Nashua | | Why not take advantage of current | | insurance that a ceding company |
| Decatur | | low prices? Many auto insurance | | keeps for its own account and does |
| Livonia | | consumers are becoming educated | | not reinsure. |
| Melbourne | | on other companies, plans, and rates | | |
| Honolulu | | that are available to them; ones that | | Tabular Plan: A retrospective rating |
| Boca Raton | | could afford them significant savings | | plan, which uses tables to furnish the |
| Morristown | | on their auto insurance. | | various values for the rating formula. |