Purchasing any type of insurance in Plano, Texas is an essential part of protecting your personal assets. Even though it is important, you may discover a better option for your needs after you purchase coverage from an insurer in Wylie or Allen. At that time, you may ask questions like "can I get my money back". The answer ultimately depends on the insurer and the details of the plan you purchased.
Insurer Policies
Some insurers may offer a money back guarantee when you change your mind about the coverage plan. The guarantee may have specific conditions or situations that apply, so read through the document to determine if it has any clauses or time-limits. You may discover that it is possible to get a refund, but only if you inform the company within a set amount of time, such as two weeks.
Although it may be possible to get a refund, some insurers may not offer refunds or might only offer a partial refund, depending on the situation.
Signing a Contract
In general, if you sign a contract for coverage over a set period of time, then you may not be able to get a refund. Insurers may or may not require a contract, depending on the type of coverage and the situation. Some discounts may require a contract for a set period of time, which means that you may not be able to obtain a refund.
The situation surrounding your insurance policy and the details of your plan may contribute to your ability to get your money back. In some cases, insurers may be willing to offer a refund. To learn more about your policy and the guidelines that may limit a refund, contact us to talk to an independent agent.