When it comes to insurance, there are two types of agents: captive agents and independent agents. Captive agents work for one insurance company, while independent agents work with multiple insurance companies.
There are many benefits to using an independent insurance agent, including:
- More choices: Independent agents have access to a wider range of insurance companies than captive agents, which gives you more choices when it comes to coverage and price.
- Expertise: Independent agents are typically more experienced than captive agents, as they have to be familiar with the products of multiple insurance companies. This means that they can help you find the right coverage for your needs and budget.
- No conflicts of interest: Independent agents don’t have to push the products of one particular insurance company, so they can be more objective in their recommendations. This can save you money in the long run.
- Personal service: Independent agents typically provide more personal service than captive agents, as they have a vested interest in building long-term relationships with their clients. This means that they are more likely to go the extra mile to answer your questions and help you with your insurance needs.
If you’re looking for the best possible insurance coverage at the best possible price, then you should use an independent insurance agent. They have the knowledge, experience, and objectivity to help you find the right coverage for your needs.
Captive or Independent?
Here are some additional reasons why customers should use an independent insurance agent:
- Independent agents can help you compare quotes from multiple insurance companies: When you work with a captive agent, you’re only going to be able to get quotes from that one company. This can limit your options and make it difficult to find the best deal. Independent agents have access to quotes from multiple companies, so they can help you compare prices and find the best deal for your needs.
- Independent agents can help you understand your insurance options: Insurance can be complicated, and it’s easy to get overwhelmed by the different types of policies and coverages available. Independent agents can help you understand your options and choose the coverage that’s right for you.
- Independent agents can advocate for you: If you ever have a claim, your independent agent will be there to advocate for you. They will work with the insurance company to get your claim processed quickly and fairly.
If you’re looking for the best possible insurance experience, then you should contact Peacock Morison Insurance Services. We have the knowledge, experience, and objectivity to help you find the right coverage for your needs.