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| Henderson | | If you have noticed that your auto | | Single Limit: Any insurance coverage |
| Yonkers | | insurance rates are still increasing | | which is expressed as a single |
| Pensacola | | with each renewal, or even have not | | amount of insurance, or a single limit |
| Lawton | | gone down even though you have a | | of liability. Contrast with Split Limit. |
| Englewood | | great driving record, this lower pricing | | |
| Hendersonville | | trend makes it more important then | | Claim Expense: The expense of |
| Harrisburg | | ever that you shop around for auto | | adjusting a claim, such as |
| Albany | | insurance. | | investigation and attorneys' fees. It |
| Baton Rouge | | | | does not include the cost of the claim |
| Baton Rouge | | If you decide to cancel your policy | | itself. |
| Honolulu | | (after acquiring new coverage) | | |
| North Hollywood | | outside of the 30-day period, you may | | Mutualization: The process of |
| Oxnard | | have to pay a fee or penalty. | | converting a stock insurer to a mutual |
| Cedar Rapids | | However, you may still save money | | insurer, accomplished by having the |
| Duluth | | after paying the fee if your new policy | | insurer buy stock and retire it. |
| Stamford | | affords you significant savings. So | | |
| Fort Collins | | while it is best to wait until your | | Standard Industry Code (SIC): This is |
| White Plains | | receive your renewal notice, you CAN | | a coding system which assigns |
| Waterloo | | cancel your policy at any time. | | separate codes for different types of |
| Chicago | | | | industries. |
| Trenton | | The quickest and easiest way to | | |
| Tyler | | shop for new insurance is by | | Replacement: A new policy written to |
| New York | | comparing rates at InsWebs online | | take the place of one currently in force. |
| Turlock | | marketplace. If you do it the | | |
| Toms River | | old-fashioned way (by calling or | | Admitted (or Allowed) Assets: Assets |
| Newport Beach | | visiting multiple agents or insurance | | whose values are permitted by state |
| Des Moines | | companies) it could take up a huge | | law to be included in the annual |
| Fairfax | | chunk of your time, which no one | | statement of the insurer. |
| Glendale | | wants or needs. By completing | | |
| Baton Rouge | | InsWebs online application, you will | | Flat Cancellation: A policy which is |
| Columbia | | have rates to compare to your old | | cancelled upon its effective date. |
| Baltimore | | ones within minutes! | | Usually under a flat cancellation no |
| Chesapeake | | | | premium charge is made. |
| Charlotte | | Shopping around is the best way to | | |
| Wilmington | | save money on your insurance. | | |
