Top 5 Questions to Ask Before Buying Any Insurance Insurance can be confusing — but asking the right questions can save you thousands in the long run. Whether it’s health, auto, home, or life insurance, these five questions will help you choose the best policy for your needs in 2025. 1. What exactly does this policy cover? Don’t assume. Ask for clear explanations of what’s included — and what’s not. Look for hidden exclusions, waiting periods, or limited benefits. 2. How much will I pay out-of-pocket? Premium: The monthly or annual cost Deductible: What you pay before insurance starts Copay/Coinsurance: Your share of the cost for services 3. Are there any coverage limits or caps? Some policies limit how much they will pay per year, per incident, or over your lifetime. Make sure those caps won’t leave you underinsured when you need it most. 4. Are my doctors/providers in-network? If you’re buying health insurance, check the provider network. For auto or home, check if your ...