FAQs About WeadCo Insurance
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Who is WeadCo Insurance?
WeadCo Insurance is an independent agency specializing in personalized insurance solutions for individuals, families, and businesses. Our mission is to provide asset protection and financial freedom to our clients.
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Where is WeadCo Insurance located?
WeadCo Insurance’s only brick-and-mortar location is in San Angelo, Texas, but don’t worry, we have agents across the state ready to serve you! We proudly serve clients in Texas, New Mexico, and Arizona.
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How do I get a quote from WeadCo Insurance?
Give us a call, and one of our fully licensed team members will be happy to help you get the coverage you need. Prefer email? No problem! Shoot us a message at info@weadcoinsurance.com, and we’ll get back to you ASAP. We’re here to make the process simple and reliable!
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What types of insurance does WeadCo offer?
We specialize in high-value homes and luxury farm & ranch properties. But that’s not all! We also love working with commercial clients and truly do it all—life insurance, home, auto, umbrella, event insurance, livestock coverage, and more. Whatever your needs, we’ve got you covered with personalized solutions designed just for you.
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What sets WeadCo Insurance apart?
As an independent agency, we work with multiple carriers to find the best coverage and pricing for you. All the tedious shopping? We do that for you! WeadCo values our client relationships, prioritizes family, and our team is committed to being growth-minded, problem solvers and good stewards.
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How can I reach my agent at WeadCo?
Our team is available Monday to Thursday, 8:30 AM to 5 PM, and Friday, 8:30 AM to noon. You can call, email, or book an appointment outside these hours as needed. See our Contact' page for more details!
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What should I do if I need to file a claim?
We suggest that all auto claims are filed directly by the insured. For home and other claims, give us a call or email info@weadcoinsurance.com, and we’ll make sure you’re fully taken care of!
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Does WeadCo offer flexible payment options?
WeadCo prefers paid-in-full policies because they often save you money in the long run, but yes, we absolutely offer monthly payment options. Give us a call to explore what works best for you!
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Can WeadCo help me review my current policies?
Absolutely! We’ll conduct a thorough review of your policies to ensure you’re not overpaying or underinsured.
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What happens if I move or expand my assets?
Let us know as soon as possible. We’ll update your coverage to match your new circumstances, ensuring you’re fully protected. We’re here to protect your assets in every stage of life!
Commonly Asked Questions
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Why do I need insurance?
Insurance provides financial protection against unexpected events, such as accidents, natural disasters, or lawsuits. It helps protect your assets and provides peace of mind.
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How do deductibles work?
A deductible is the amount you agree to pay out-of-pocket before your insurance covers the rest. For example, if you have a $500 deductible and your claim is $2,000, your insurance will cover $1,500.
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What factors affect my insurance premium?
Factors include your location, driving record, credit score, the type of coverage you choose, and the value of the insured item.
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What’s the difference between replacement cost and actual cash value?
Replacement cost covers the cost to replace an item with a new one of similar kind and quality. Actual cash value accounts for depreciation and pays the current value of the item.
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Can I bundle my insurance policies?
Yes! Bundling multiple policies, like home and auto, often leads to discounts and simplified management.
General Insurance Terms & Definitions
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Premium
The amount you pay for an insurance policy, typically monthly or annually.
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Deductible
The amount you pay out-of-pocket before your insurance coverage kicks in.
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Claim
A formal request made to an insurance company for coverage or compensation for a loss or policy event.
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Policy
A contract between the insurer and the insured that outlines terms, coverage, and exclusions.
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Liability Coverage
Protection against claims resulting from injuries or damage you cause to others.
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Comprehensive Coverage
Insurance that covers non-collision-related damage to your vehicle, such as theft, vandalism, or weather damage.
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Rider
An add-on to an insurance policy that provides additional benefits or coverage.
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Declaration Page
A document that summarizes your insurance policy, including coverage limits, deductibles, and premium amounts.
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Loss Run
A report detailing the history of claims made on a policy, typically used when switching insurers.
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ID Cards
Proof of insurance provided by your insurer, typically required for vehicles and often needed during registration or if stopped by law enforcement.
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Endorsement
A modification to your insurance policy that changes its terms or coverage.
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Exclusion
Specific conditions or circumstances that are not covered by your policy.
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Umbrella Policy
Additional liability insurance that provides coverage beyond the limits of your underlying policies, such as home or auto insurance.
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Binder
A temporary agreement that provides proof of insurance coverage until a formal policy is issued.