Tips to Reading Your Insurance Policy

Insurance policies can be a lot of reading and often contain jargon, making the policy a bit confusing. However, it is vital to read and understand the entire insurance policy. Understanding what is written in your insurance policy, you know what is covered, what is not covered, and how to file a claim in Richardson, TX. For additional help reading your insurance policy, give us a call at Allegiance Insurance Agency. 

Read the Entire Thing

The best way to understand what is and is not covered by your insurance policy is to read the entire thing. Take time to sit down and read it front to back. It may be best to break down your reading times into small chunks. 

Understand the Definitions

There are terms insurance companies use throughout their policies. In most cases, these terms are defined throughout the policy. Read the definitions and understand how the terms affect your policy and insurance coverage. Most policies have these terms either written in quotation marks or all uppercase letters. 

Pay Attention to Special Amendments

In some cases, your insurance covers a particular item, but there is a specific amendment that excludes it later in our policy. Pay close attention to these amendments and understand how your coverage protects you and your property. 

Write Down Questions

If you have any questions about what you read in your policy, write them down. Then take time to reach out to your insurance agent to help answer those questions. 

Hopefully, this helps you understand your insurance policy in Richardson, TX. If you still have questions about your policy, call our experts at Allegiance Insurance Agency.