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| Winter Haven | | Why not take advantage of current | | Indemnity: Restoration to the victim of |
| Gainesville | | low prices? Many auto insurance | | a loss by payment, repair, or |
| Stuart | | consumers are becoming educated | | replacement. |
| Wilmington | | on other companies, plans, and rates | | |
| Lowell | | that are available to them; ones that | | Federal Deposit Insurance |
| San Antonio | | could afford them significant savings | | Corporation (FDIC): An agency of the |
| Santa Ana | | on their auto insurance. | | federal government which insures |
| Acworth | | | | bank deposits up to a stated |
| San Bernardino | | Healthy people have the best | | maximum. |
| Glendale | | mortality risks and thus are much | | |
| Roanoke | | cheaper for companies to insure. This | | Admitted Company: An insurance |
| Lima | | translates into lower rates for the | | company authorized and licensed to |
| Lafayette | | Super Preferred customer than | | do business in a given state. |
| Modesto | | someone with higher risk factors such | | |
| West Palm Beach | | as a heart condition, cancer or | | Premises: The particular location of |
| Slidell | | diabetes. Conversely, if you were | | property or a portion thereof as |
| Boynton Beach | | unhealthy when you acquired your | | designated in a policy. |
| Hartford | | policy, and your health has now | | |
| Oklahoma City | | improved, it might be time to shop for | | Incurred Expense: Expenses not yet |
| Roanoke | | a new policy, as your rates are likely | | paid. Can also include paid |
| Ventura | | to be lower. | | expenses in some accounting |
| St. Joseph | | | | systems. |
| Quincy | | People who are trying to quit | | |
| Warren | | smoking, for example, might be best | | Fictitious Groups: Groups formed |
| Bellevue | | suited purchasing a shorter term (and | | primarily for the purpose of buying |
| Longmont | | then replacing it with a longer term | | insurance. Under the law such groups |
| Mobile | | policy when they qualify for | | may not be underwritten. |
| Pompano Beach | | non-tobacco prices). | | |
| Durham | | | | Gross Premium: The net premium |
| Tacoma | | While some companies raise their | | plus operating expenses, |
| Newburgh | | prices based on your actual age, | | commissions and other expenses. |
| Denver | | most companies increase the price of | | |
| Pembroke Pines | | their policies six months before your | | National Auto Theft Bureau: An |
| Mobile | | birthday. Its a term called Age | | organization engaged in the |
| Warren | | Nearest in the industry, and that | | prevention and reduction of motor |
| Boston | | half-year price increase could really | | vehicle fire and theft losses. |
| Abilene | | add up over a 20-year term policy. As | | |
| Bellevue | | above, the quicker you purchase your | | |
| Joliet | | policy the better. | | |
