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| Sarasota | | If you decide to cancel your policy | | Domestic Insurer (or Company): An |
| Mesa | | (after acquiring new coverage) | | insurer formed under the laws of the |
| Williamsburg | | outside of the 30-day period, you may | | state in which the insurance is written. |
| Kansas City | | have to pay a fee or penalty. | | |
| Bloomington | | However, you may still save money | | Losses Outstanding: A summary |
| North Hollywood | | after paying the fee if your new policy | | statement prepared by Property, Life, |
| Wilmington | | affords you significant savings. So | | and Liability insurers showing claims |
| Wilmington | | while it is best to wait until your | | not yet settled. |
| Green Bay | | receive your renewal notice, you CAN | | |
| Trenton | | cancel your policy at any time. | | Producer: A term applied to an agent, |
| Westbury | | | | solicitor or other person who sells |
| Saginaw | | Individuals who have 30-year | | insurance. |
| Toledo | | mortgages might want to consider a | | |
| Hampton | | 30-year term to ensure that the house | | Replacement: A new policy written to |
| Amarillo | | is protected throughout the period of | | take the place of one currently in force. |
| Alpharetta | | the loan. | | |
| Milwaukee | | | | Claim Report: A report filed by an |
| Long Beach | | If you have noticed that your auto | | agent setting forth the facts of a claim. |
| Amarillo | | insurance rates are still increasing | | Same as Loss Report. |
| Inglewood | | with each renewal, or even have not | | |
| Williamsport | | gone down even though you have a | | Independent Agent: An agent |
| Houma | | great driving record, this lower pricing | | operating as an independent |
| Denver | | trend makes it more important then | | contractor under the independent |
| Whittier | | ever that you shop around for auto | | agency system. |
| Melbourne | | insurance. | | |
| Racine | | | | Commercial Lines: This term is used |
| Goldsboro | | Make sure you have a new policy in | | to refer to insurance for businesses, |
| Orange | | place before you cancel your old one | | professionals, and commercial |
| Edmond | | to avoid a lapse in coverage. This will | | establishments. |
| Longmont | | also prevent having to figure out the | | |
| Slidell | | amount of any unused premium that is | | Effective Date: The date on which the |
| San Bernardino | | due to you from your old insurance | | protection of an insurance policy or |
| Trenton | | company, or having to spar with your | | bond goes into effect. |
| Peoria | | agent about exactly when your policy | | |
| Racine | | was cancelled and how much they | | |
| Myrtle Beach | | owe you. | | |