We can’t say this enough; make sure that you understand what your insurance policy covers! In the case of health insurance, it’s cheaper to see doctors who are in-network and buy prescription drugs covered by the formulary.
Be sure to check to see if your doctor is in-network and if your prescription drugs are covered, before you buy a policy. Otherwise, you could get an expensive surprise.
Unfortunately, a lot of people don’t find out what coverage they should have had, until they suffer a loss. An unfortunately common example for a homeowner would be flooding. You would assume that your homeowner’s insurance policy would cover damages from a flood.
Sadly, in most cases it does not. However, you can usually buy a separate flood insurance policy. Many people also assume that drain and sewer backups are covered by insurance, but again, most often they’re not.
Be sure to carefully read your insurance policy and contact your independent insurance agent if anything is unclear. You’ll be glad that you did!