| | | | |
|
| Turlock | | If you have noticed that your auto | | Fictitious Groups: Groups formed |
| Rockville | | insurance rates are still increasing | | primarily for the purpose of buying |
| Henderson | | with each renewal, or even have not | | insurance. Under the law such groups |
| Fredericksburg | | gone down even though you have a | | may not be underwritten. |
| Venice | | great driving record, this lower pricing | | |
| Downey | | trend makes it more important then | | Authorized Insurer: An insurer |
| Houston | | ever that you shop around for auto | | authorized by the state to transact |
| Gainesville | | insurance. | | business in that state for specific |
| Knoxville | | | | types of insurance. |
| Fremont | | Everyone has different needs, and | | |
| Tacoma | | not one size fits all when it comes to | | Line of Business: The classification of |
| Vineland | | term life insurance. While it may make | | business as utilized in the insurance |
| Asheville | | sense for people in their 30s and 40s | | industry, e.g., Fire, Allied Lines and |
| Longview | | to secure a 20-year term length, a | | Homeowners. |
| Manchester | | 10-year term might be more | | |
| Jacksonville | | appropriate for someone nearing | | Loss Frequency: The number of times |
| Gaithersburg | | retirement. | | a loss occurs over a specific period |
| Franklin | | | | of time. |
| Virginia Beach | | While some companies raise their | | |
| West Chester | | prices based on your actual age, | | Cash Flow Underwriting: The use of |
| Malden | | most companies increase the price of | | rating and premium collection |
| Palm Harbor | | their policies six months before your | | techniques by insurance companies |
| Chattanooga | | birthday. Its a term called Age | | to maximize interest earnings on |
| Marietta | | Nearest in the industry, and that | | premiums. |
| Monroe | | half-year price increase could really | | |
| Bellevue | | add up over a 20-year term policy. As | | Endorsement: A written or printed form |
| Arlington | | above, the quicker you purchase your | | attached to the policy which alters |
| Union | | policy the better. | | provisions of the contract. |
