Jeffrey Wangen Insurance Agency

Insurance Agency FAQ’s

Frequently Asked Questions About Insurance Services

What types of insurance are available?

There are several types of insurance available, such as health, auto, home, life, disability, business and more. Each type of insurance has its own unique coverage options and benefits, so it is important to understand your specific needs when selecting an insurance policy.

How much does insurance cost?

The cost of insurance can vary greatly depending on a number of factors, such as the type of coverage needed and the amount of coverage desired. Generally, health insurance will cost more than auto insurance and auto insurance will cost more than home insurance. Additionally, the age and gender of the policyholder can also impact the premiums for some types of insurance.

What coverage do I need?

The type of coverage you need will depend on your individual situation. Evaluate the risks that you face and consider what kind of protection you need to protect against those risks. Additionally, consider the cost of coverage and the potential financial hardship that could result from not having adequate insurance coverage. Finally, consult with a qualified insurance agent to help determine the most appropriate coverage for your needs.

When should I buy insurance?

The best time to purchase insurance is before you need it. Insurance companies generally recognize that policyholders who buy insurance before an incident occurs are more likely to be responsible customers. Purchasing insurance sooner rather than later can help ensure that you have the coverage that you need when and if something happens. Additionally, many policies will take effect within 24 hours of signing up, providing immediate protection.

What benefits are included in my policy?

The benefits included in your insurance policy will depend on the type of coverage that you purchase. Generally, policies contain a mix of two or more coverages, such as liability coverage and property damage coverage. Some policies may also include additional features like medical payments coverage, uninsured motorist coverage and towing and labor reimbursements. Be sure to review the details of your policy so you are aware of all the benefits that are included.

Does my policy cover pre-existing conditions?

It depends on the type of policy and insurer you purchase from. Generally, most health insurance policies do not cover pre-existing conditions. However, some insurers may offer coverage for certain types of pre-existing conditions depending on the policy specifics. Be sure to read your policy documents carefully or contact the insurer directly for more information about what is covered or excluded in your policy.

Are there any discounts available?

Yes, many insurers offer discounts for having multiple policies or for purchasing a longer term policy. Additionally, you may be eligible for discounts based on your age, location and driving record. Be sure to ask your insurer about any available discounts when comparing quotes so that you can find the best price.

Is there a grace period to pay premiums after they are due?

Yes, most insurers offer a grace period for premiums that are due but not yet paid. The amount of time allowed for the grace period can vary by insurer, so be sure to check with your insurer before making any late payments. You may also incur late fees or penalties if you do not pay on time, so it’s important to make payments promptly in order to avoid any additional charges.

How long is the coverage term for my policy?

The coverage term for your policy depends on the type of policy you have. Generally speaking, car insurance policies last for 6 months or 1 year. Homeowners and renters insurance typically offer 12-month coverage terms, while health insurance may provide 1 year or longer terms. It is important to check the details of your policy so that you know how long it is in effect.

How can I make changes to my policy?

You can make changes to your policy by contacting your insurer directly. Depending on the type of change you want to make, there may be additional paperwork or forms that you will need to submit in order to update your policy. Your insurer may also charge a fee for any changes made to your policy terms. Be sure to check with them directly for more information about amending your policy.