Educational Consumer Tips


Author: Better Business Bureau

The following comments provide general information for consumers, and do not necessarily reflect the practices or record of any particular company.

The BBB does not advise consumers on which insurance programs to purchase since everyone has different individual needs. If you are considering purchasing insurance, make sure that the company and its agents are licensed with the insurance department to sell insurance in your state. Be sure that you clearly understand any limitations or exclusions in a policy, know what the deductible is and when the insurance goes into effect before you sign the contract. Make sure to get a copy of the policy or a summary of coverage and evaluate it yourself, without the presence of the agent. After purchase, if you decide not to keep the policy, in some states, insurance companies are required to give you a free look during which time you may return the policy and receive a refund of all premiums paid. This information should be covered on the insurance contract. If not, inquire of the company.