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| Biloxi | | Why not take advantage of current | | Policywriting Agent: An agent who has |
| Tallahassee | | low prices? Many auto insurance | | the authority to prepare and effect an |
| Wichita Falls | | consumers are becoming educated | | insurer's policy. |
| Springfield | | on other companies, plans, and rates | | |
| Anderson | | that are available to them; ones that | | We/Us/Our: These words are used to |
| Lima | | could afford them significant savings | | refer to the insurer in many of the |
| Longwood | | on their auto insurance. | | modernized/personalized policy |
| Hampton | | | | forms recently introduced. |
| Tucson | | The best time to switch policies is | | |
| Johnstown | | within one month of receiving your | | Insurance Policy: The printed form |
| Winter Park | | policy renewal from your current | | which serves as the contract between |
| Long Beach | | insurer. You can typically cancel your | | an insurer and an insured. |
| Panama City | | policy without any fees or penalties if | | |
| Southfield | | you act within this time period. | | Partial Loss: A loss covered by an |
| Arlington | | | | insurance policy which does not |
| Newark | | Make sure you have a new policy in | | completely destroy or render |
| Norfolk | | place before you cancel your old one | | worthless the insured property. |
| Rapid City | | to avoid a lapse in coverage. This will | | |
| Newark | | also prevent having to figure out the | | Initial Premium: An amount paid at the |
| Omaha | | amount of any unused premium that is | | inception of an insurance contract, |
| Mesquite | | due to you from your old insurance | | usually subject to adjustment at the |
| Hemet | | company, or having to spar with your | | end of the policy period. |
| Vineland | | agent about exactly when your policy | | |
| Bethlehem | | was cancelled and how much they | | Multi-Peril Policies: Policies which |
| Yonkers | | owe you. | | cover a number of perils, such as fire, |
| Jonesboro | | | | burglary, and liability, in a single |
| Portland | | If you decide to cancel your policy | | contract. |
| Yuma | | (after acquiring new coverage) | | |
| Salem | | outside of the 30-day period, you may | | Net Retention: The amount of |
| Lorain | | have to pay a fee or penalty. | | insurance that a ceding company |
| Macon | | However, you may still save money | | keeps for its own account and does |
| Naperville | | after paying the fee if your new policy | | not reinsure. |
| Albuquerque | | affords you significant savings. So | | |
| El Cajon | | while it is best to wait until your | | Premium Notice: A form notice from |
| Oklahoma City | | receive your renewal notice, you CAN | | an insurer or agency to a policy |
| Rockville | | cancel your policy at any time. | | owner that a premium will be due on a |
| Slidell | | | | given date. |
