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| Goldsboro | | The best time to switch policies is | | Short Rate Premium: The premium |
| Waterloo | | within one month of receiving your | | required for issuing a policy for a |
| Columbus | | policy renewal from your current | | period less than its normal term. |
| Spring Hill | | insurer. You can typically cancel your | | |
| Ocala | | policy without any fees or penalties if | | Brokerage Department: A department |
| Newark | | you act within this time period. | | of an insurer whose purpose is to |
| Boston | | | | deal with brokers in the placing of |
| Shreveport | | The quickest and easiest way to | | insurance. |
| Oceanside | | shop for new insurance is by | | |
| Boca Raton | | comparing rates at InsWebs online | | Open Rating: A system whereby a |
| Myrtle Beach | | marketplace. If you do it the | | state allows an insurer to use rates |
| Sterling Heights | | old-fashioned way (by calling or | | without prior approval. |
| Harrisburg | | visiting multiple agents or insurance | | |
| Gainesville | | companies) it could take up a huge | | Examiner: An employee assigned by |
| Chattanooga | | chunk of your time, which no one | | the state insurance department to |
| Norwalk | | wants or needs. By completing | | audit insurers' records. |
| Owensboro | | InsWebs online application, you will | | |
| Williamsport | | have rates to compare to your old | | Losses Outstanding: A summary |
| Arlington | | ones within minutes! | | statement prepared by Property, Life, |
| Hartford | | | | and Liability insurers showing claims |
| Kansas City | | Shopping around is the best way to | | not yet settled. |
| Englewood | | save money on your insurance. | | |
| Louisville | | | | Exclusion: A contractual provision that |
| Vancouver | | Healthy people have the best | | denies coverage for certain perils, |
| Torrance | | mortality risks and thus are much | | persons, property, or locations. |
| Charlotte | | cheaper for companies to insure. This | | |
| Toms River | | translates into lower rates for the | | Basic Rate: The manual rate from |
| Bayside | | Super Preferred customer than | | which discounts are taken or to which |
| Winter Park | | someone with higher risk factors such | | charges are added to reflect the |
| Torrance | | as a heart condition, cancer or | | individual circumstances of a risk. |
| Gaithersburg | | diabetes. Conversely, if you were | | |
| Seattle | | unhealthy when you acquired your | | Independent Agent: An agent |
| Fort Myers | | policy, and your health has now | | operating as an independent |
| Escondido | | improved, it might be time to shop for | | contractor under the independent |
| Longview | | a new policy, as your rates are likely | | agency system. |
| Arlington | | to be lower. | | |
