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Questions to ask and value-added items to consider when purchasing insurance

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Tim GanoungIn our article, "Be a better insurance consumer," we discussed ways you can evaluate whether you are actually getting a good deal on your home and auto insurance by looking beyond price and having a better understanding of your insurance needs. Below we have other value considerations and specific questions to ask yourself that can help when making a decision on insurance.

Questions to ask

  • For every dollar you are saving, what are you losing?
  • Are you comparing apples to apples when you shop for insurance?
  • Is added exposure to financial loss worth the money you are saving?
  • Do your expectations for coverage match what is in your policy?

Value considerations

Other value-added items of importance to consider when purchasing insurance include:

  • How familiar are you with the company you are doing business with?
  • Does the company have your best interests at heart?
  • Do they respond in a timely fashion to your needs and requests?
  • What is the company‚Äôs claim satisfaction rating?
  • Are you comfortable asking their representatives questions?
  • Do they take the time to help you understand your policy?

To learn more, read the full article. You can also call us at 1-800-279-4010 for help or schedule a personal consultation at

Tim Ganoung, Personal Insurance Consultant

This blog is for informational purposes only and is not intended to constitute legal, financial, or tax advice. Certain recommendations or guidelines may not be appropriate for everyone. Consult your personal advisor or attorney for advice specific to your unique circumstances before taking action. Property and casualty insurance programs are underwritten by WEA Property & Casualty Insurance Company. The terms and conditions of your coverage are exclusively controlled by your written policy. Please refer to your policy for details. Certain policy exclusions and limitations may apply.