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| Muskegon | | At InsWeb, you can compare free | | Agent's License: A certificate of |
| Daytona Beach | | online insurance quotes from many of | | authority from the state which permits |
| Winter Haven | | the nations leading insurance | | the agent to conduct business. |
| Goldsboro | | companies. | | |
| Santa Rosa | | | | Criticism: A correction suggested by a |
| Whittier | | Shopping around is the best way to | | rating or auditing bureau to an insurer. |
| Jonesboro | | save money on your insurance. | | |
| Tucson | | | | Valuation Clause: A clause stating the |
| Fayetteville | | If you decide to cancel your policy | | value of items for insurance |
| Bellevue | | (after acquiring new coverage) | | purposes, making it a valued policy. |
| Mesa | | outside of the 30-day period, you may | | |
| Alameda | | have to pay a fee or penalty. | | Burning Ratio: The ratio of losses |
| Anaheim | | However, you may still save money | | suffered to the amount of insurance in |
| Rochester | | after paying the fee if your new policy | | effect. |
| New Port Richey | | affords you significant savings. So | | |
| Columbia | | while it is best to wait until your | | Preferred Risk: Any risk considered |
| Alexandria | | receive your renewal notice, you CAN | | to be better than the standard risk on |
| Buffalo | | cancel your policy at any time. | | which the premium rate was |
| Sacramento | | | | calculated. |
| New York | | While some companies raise their | | |
| Rockford | | prices based on your actual age, | | Fiduciary: A person holding the funds |
| San Jose | | most companies increase the price of | | or property of another in a position of |
| St. Louis | | their policies six months before your | | trust. An example would be the |
| Knoxville | | birthday. Its a term called Age | | executor of an estate. |
| Arlington | | Nearest in the industry, and that | | |
| Lakewood | | half-year price increase could really | | Policy Period (or Term): The period |
| Roanoke | | add up over a 20-year term policy. As | | during which the policy contract |
| Hartford | | above, the quicker you purchase your | | affords protection, e.g., six months or |
| Green Bay | | policy the better. | | one or three years. |
