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| Fairfax | | Shopping around is the best way to | | Sherman Antitrust Act: An antitrust law |
| Saginaw | | save money on your insurance. | | from which insurance is exempted to |
| Lexington | | | | the extent that it is regulated by state |
| Jacksonville | | Why not take advantage of current | | law. |
| Toms River | | low prices? Many auto insurance | | |
| Downey | | consumers are becoming educated | | Partnership: A business enterprise |
| Lafayette | | on other companies, plans, and rates | | owned and operated by two or more |
| Sioux City | | that are available to them; ones that | | persons for the purpose of generating |
| Bronx | | could afford them significant savings | | business income and profits. |
| Austin | | on their auto insurance. | | |
| Santa Ana | | | | Fictitious Groups: Groups formed |
| Huntsville | | Make sure you have a new policy in | | primarily for the purpose of buying |
| Lafayette | | place before you cancel your old one | | insurance. Under the law such groups |
| Kingsport | | to avoid a lapse in coverage. This will | | may not be underwritten. |
| Costa Mesa | | also prevent having to figure out the | | |
| Abilene | | amount of any unused premium that is | | Tabular Plan: A retrospective rating |
| Springfield | | due to you from your old insurance | | plan, which uses tables to furnish the |
| Lafayette | | company, or having to spar with your | | various values for the rating formula. |
| Racine | | agent about exactly when your policy | | |
| Birmingham | | was cancelled and how much they | | Brokerage Department: A department |
| Cedar Rapids | | owe you. | | of an insurer whose purpose is to |
| Glendale | | | | deal with brokers in the placing of |
| Virginia Beach | | Healthy people have the best | | insurance. |
| Knoxville | | mortality risks and thus are much | | |
| Jonesboro | | cheaper for companies to insure. This | | Claim Report: A report filed by an |
| Littleton | | translates into lower rates for the | | agent setting forth the facts of a claim. |
| Mesa | | Super Preferred customer than | | Same as Loss Report. |
| Saginaw | | someone with higher risk factors such | | |
| Columbia | | as a heart condition, cancer or | | Accident Year Experience: Measures |
| Bay City | | diabetes. Conversely, if you were | | premiums and losses relating to |
| Hampton | | unhealthy when you acquired your | | accidents which occurred during a |
| Hot Springs | | policy, and your health has now | | 12-month period. |
| Yuma | | improved, it might be time to shop for | | |
| Louisville | | a new policy, as your rates are likely | | Gross Premium: The net premium |
| Fayetteville | | to be lower. | | plus operating expenses, |
| Newark | | | | commissions and other expenses. |
