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| San Diego | | If you decide to cancel your policy | | Agency: An insurance sales office |
| Scranton | | (after acquiring new coverage) | | which is directed by a agent, |
| Dallas | | outside of the 30-day period, you may | | manager, independent agent, or |
| Asheville | | have to pay a fee or penalty. | | company manager. |
| Biloxi | | However, you may still save money | | |
| Dearborn | | after paying the fee if your new policy | | Captive Agent: One who sells |
| Pueblo | | affords you significant savings. So | | insurance for only one company as |
| Riverside | | while it is best to wait until your | | opposed to an agent who represents |
| Greeley | | receive your renewal notice, you CAN | | several companies. |
| Fort Wayne | | cancel your policy at any time. | | |
| Zanesville | | | | Net Retention: The amount of |
| Gaithersburg | | Shopping around is the best way to | | insurance that a ceding company |
| Jonesboro | | save money on your insurance. | | keeps for its own account and does |
| Union | | | | not reinsure. |
| Fayetteville | | The quickest and easiest way to | | |
| Akron | | shop for new insurance is by | | Appraisal: An evaluation of property |
| El Cajon | | comparing rates at InsWebs online | | made to ascertain either the |
| Melbourne | | marketplace. If you do it the | | appropriate amount of insurance to |
| Santa Rosa | | old-fashioned way (by calling or | | be written or the amount of loss to be |
| Boise | | visiting multiple agents or insurance | | paid. |
| Cape Coral | | companies) it could take up a huge | | |
| St. Paul | | chunk of your time, which no one | | Net Interest Earned: The average |
| Lorain | | wants or needs. By completing | | interest earned by an insurer on its |
| Ogden | | InsWebs online application, you will | | investments after investment expense |
| Daytona Beach | | have rates to compare to your old | | but before federal income taxes. |
| Rome | | ones within minutes! | | |
| Henderson | | | | Partnership Entity: The partnership |
| Bradenton | | Make sure you have a new policy in | | considered as an entity and not in |
| Pompano Beach | | place before you cancel your old one | | terms of its individual part-owners. |
| Reading | | to avoid a lapse in coverage. This will | | |
| Dearborn | | also prevent having to figure out the | | Tabular Plan: A retrospective rating |
| Savannah | | amount of any unused premium that is | | plan, which uses tables to furnish the |
| Silver Spring | | due to you from your old insurance | | various values for the rating formula. |
| Odessa | | company, or having to spar with your | | |
| Poughkeepsie | | agent about exactly when your policy | | |
| Troy | | was cancelled and how much they | | |
| Long Island City | | owe you. | | |
