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| Corona | | People who are trying to quit | | Substandard Risk: A risk not |
| Warwick | | smoking, for example, might be best | | measuring up to underwriting |
| West Palm Beach | | suited purchasing a shorter term (and | | standards. It may still be written but |
| Lawton | | then replacing it with a longer term | | usually at a surcharged premium. |
| Riverside | | policy when they qualify for | | |
| Mansfield | | non-tobacco prices). | | Insurance Policy: The printed form |
| Union | | | | which serves as the contract between |
| Chicago | | Make sure you have a new policy in | | an insurer and an insured. |
| Peoria | | place before you cancel your old one | | |
| Arlington | | to avoid a lapse in coverage. This will | | Criticism: A correction suggested by a |
| Gainesville | | also prevent having to figure out the | | rating or auditing bureau to an insurer. |
| Biloxi | | amount of any unused premium that is | | |
| Olympia | | due to you from your old insurance | | Partnership Entity: The partnership |
| Anderson | | company, or having to spar with your | | considered as an entity and not in |
| Abilene | | agent about exactly when your policy | | terms of its individual part-owners. |
| Ocala | | was cancelled and how much they | | |
| Greenville | | owe you. | | Coding: A method of putting |
| Muskegon | | | | information into a numerical form for |
| Newburgh | | Shopping around is the best way to | | statistical use. Most information on |
| Fall River | | save money on your insurance. | | policies is coded and then put into |
| Rockford | | | | reports. |
| Modesto | | The quickest and easiest way to | | |
| Milwaukee | | shop for new insurance is by | | Incurred Expense: Expenses not yet |
| Little Rock | | comparing rates at InsWebs online | | paid. Can also include paid |
| Cranston | | marketplace. If you do it the | | expenses in some accounting |
| Kansas City | | old-fashioned way (by calling or | | systems. |
| Mesquite | | visiting multiple agents or insurance | | |
| West Palm Beach | | companies) it could take up a huge | | Divided Cover: The placing of |
| Lakewood | | chunk of your time, which no one | | insurance on a given subject or |
| Racine | | wants or needs. By completing | | object with more than one insurer. |
| Salem | | InsWebs online application, you will | | |
| Springfield | | have rates to compare to your old | | Captive Agent: One who sells |
| Los Angeles | | ones within minutes! | | insurance for only one company as |
| Tacoma | | | | opposed to an agent who represents |
| Long Beach | | | | several companies. |
