Short rate cancellation
Auto Insurance
Cancellation by the insured of an insurance policy for which the returned unearned premium is diminished by administration costs incurred when the insurance company places the policy on its books.
- — Auto Insurance Glossary retrieved 2014-05-19
Homeowners Insurance
Cancellation by the insured of an insurance policy for which the returned unearned premium is diminished by administration costs incurred when the insurance company places the policy on its books.
- — Homeowners Insurance Glossary retrieved 2014-05-16