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| Tuscaloosa | | Individuals who have 30-year | | Exclusions: Specific situations, |
| Columbia | | mortgages might want to consider a | | conditions, or circumstances that are |
| Melbourne | | 30-year term to ensure that the house | | listed in the contract as being not |
| Lima | | is protected throughout the period of | | covered. |
| Westbury | | the loan. | | |
| Williamsburg | | | | Shock Loss: A catastrophic loss so |
| Cranston | | Make sure you have a new policy in | | large that it has a material effect on |
| Franklin | | place before you cancel your old one | | the underwriting results of a company. |
| Aurora | | to avoid a lapse in coverage. This will | | |
| Springfield | | also prevent having to figure out the | | Captive Agent: One who sells |
| Lakewood | | amount of any unused premium that is | | insurance for only one company as |
| Quincy | | due to you from your old insurance | | opposed to an agent who represents |
| Kingsport | | company, or having to spar with your | | several companies. |
| Owensboro | | agent about exactly when your policy | | |
| Westbury | | was cancelled and how much they | | Insurance Policy: The printed form |
| Rochester | | owe you. | | which serves as the contract between |
| Melbourne | | | | an insurer and an insured. |
| Norwalk | | While some companies raise their | | |
| Union | | prices based on your actual age, | | Sole Proprietorship: A business |
| Sacramento | | most companies increase the price of | | enterprise owned by one person who |
| Bakersfield | | their policies six months before your | | is its manager and employee. |
| Columbus | | birthday. Its a term called Age | | |
| Aurora | | Nearest in the industry, and that | | National Auto Theft Bureau: An |
| Sarasota | | half-year price increase could really | | organization engaged in the |
| Colorado Springs | | add up over a 20-year term policy. As | | prevention and reduction of motor |
| Columbus | | above, the quicker you purchase your | | vehicle fire and theft losses. |
| Greeley | | policy the better. | | |
| Hampton | | | | Book Value: Refers to the value of |
| Hickory | | If you decide to cancel your policy | | assets as shown in the official |
| Corpus Christi | | (after acquiring new coverage) | | accounting records of the company. |
| Durham | | outside of the 30-day period, you may | | |
| Belleville | | have to pay a fee or penalty. | | Flat Cancellation: A policy which is |
| Fremont | | However, you may still save money | | cancelled upon its effective date. |
| Santa Ana | | after paying the fee if your new policy | | Usually under a flat cancellation no |
| Walnut Creek | | affords you significant savings. So | | premium charge is made. |
| Hot Springs | | while it is best to wait until your | | |
| Durham | | receive your renewal notice, you CAN | | |
| Chula Vista | | cancel your policy at any time. | | |
