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| Jackson | | If you have noticed that your auto | | Accident Year Experience: Measures |
| Wilmington | | insurance rates are still increasing | | premiums and losses relating to |
| Lorain | | with each renewal, or even have not | | accidents which occurred during a |
| Dubuque | | gone down even though you have a | | 12-month period. |
| Portsmouth | | great driving record, this lower pricing | | |
| Newark | | trend makes it more important then | | Calendar Year Experience: This |
| Sunnyvale | | ever that you shop around for auto | | measures the premiums and losses |
| Decatur | | insurance. | | entered on accounting records during |
| Cedar Rapids | | | | the 12-month calendar. |
| Richmond | | The best time to switch policies is | | |
| Allentown | | within one month of receiving your | | Absolute Assignment: Assignment by |
| Melbourne | | policy renewal from your current | | a policy owner of all control of and |
| Whittier | | insurer. You can typically cancel your | | rights in the policy to a third party. |
| Redlands | | policy without any fees or penalties if | | |
| Zanesville | | you act within this time period. | | Accident: An unplanned event, |
| Portsmouth | | | | unexpected and undesigned, which |
| Hartford | | While some companies raise their | | occurs suddenly and at a definite |
| Clinton Township | | prices based on your actual age, | | place. |
| Salt Lake City | | most companies increase the price of | | |
| Abilene | | their policies six months before your | | Premises: The particular location of |
| Warren | | birthday. Its a term called Age | | property or a portion thereof as |
| Kalamazoo | | Nearest in the industry, and that | | designated in a policy. |
| Fort Myers | | half-year price increase could really | | |
| Huntsville | | add up over a 20-year term policy. As | | Collusion: An agreement, usually |
| Milwaukee | | above, the quicker you purchase your | | secret, between two or more persons |
| Reading | | policy the better. | | to defraud or deprive another or |
| Detroit | | | | others of their property or rights. |
| Mansfield | | Healthy people have the best | | |
| Dayton | | mortality risks and thus are much | | Premium Receipt: The receipt given |
| Modesto | | cheaper for companies to insure. This | | a policy owner for the payment of a |
| Newport News | | translates into lower rates for the | | premium. |
| Oceanside | | Super Preferred customer than | | |
| Spartanburg | | someone with higher risk factors such | | Business: In Property, Liability, and |
| Topeka | | as a heart condition, cancer or | | Health lines, it usually refers to the |
| Cape Coral | | diabetes. Conversely, if you were | | volume of premiums. |
| Newark | | unhealthy when you acquired your | | |
| Indianapolis | | policy, and your health has now | | |
| Ogden | | improved, it might be time to shop for | | |
| Fort Collins | | a new policy, as your rates are likely | | |
| Cookeville | | to be lower. | | |
