| A | B |
|---|
| can have insurance cancelled for this | fail to pay your premiums |
| living somewhere 9mths to 1 year | stability of residence |
| working somewhere 9mths to 1 year | stability of employment |
| debt to income ratio | cash flow |
| collateral | what you pledge as security on a loan |
| full coverage insurance | liability and property insurance |
| character | shows you are trustworthy and responsible |
| condition | length of a loan & having value in the car at the end of the loaon |
| capital | the money the borrower puts into the purchase of a car |
| gross income | income before deductions |
| net income | income after deductions |
| good grades, safety features, more than one policy | examples of premium discounts |
| drive less | shorter commute |
| safer zip code | rural area instead of urban area |
| items you need to get insurance | SSN, VIN, # of claims, car model |
| VIN | vehicle identification number |
| first person to call if in accident | insurance agent |
| insurance adjuster | job is to investigate your claim and work with you to fix damange |
| documents to provide adjuster | police, medical, and auto repair reports |
| social security | program for retired and disabled |
| medicare | medical insurance for elderly |
| medicaid | medical insurnace for low income |
| unemployment insurance | payments if you lose job |
