#2 Multiple Insurance Carriers Mean More Options

An insurance broker is your advisor when it comes to insurance and will act as the intermediary between you and the insurance company. They’ll work closely with you to understand your needs and scour all available choices to help you find the solution you’re looking for. Unlike brokerages that are owned by one specific insurance company (called agencies), independent insurance brokers have partnerships with multiple insurance providers. Agencies often have products that are limited to their affiliated insurance company, which means that the solutions they offer may not always be in your best interest. An independent insurance brokerage will look at all options on the market so you can get the best value for your money.

If your car is hit by someone with minimal or even zero car insurance, do you want your auto policy to cover the gaps? if a high-value item gets damaged or stolen from your home, do you want to be compensated for it? do you want to make sure your family doesn’t struggle financially if something happens to you? would it help you if a professional took stock of the risks that your business is exposed to? alone, it quickly becomes an uphill battle to find the best insurance options that fit what you actually need. Do you want to shop smarter and make sure you’re getting the right coverage to protect what matters most? do you also want to take ownership of your insurance buying decision? then it’s time to get the expert guidance and individualized support that only comes from working with an independent insurance agent.

Since you aren’t tied to one company you can give your clients unbiased advice about what plan makes the most sense for them. Unlike captive agents who have a required allegiance to their company, you can contract with multiple carriers for different products. Instead of pushing one company’s policy that may not be a beneficiaries’ best option you have a wider variety plans that cater to their needs. There are many niche markets, including senior life and health insurance where the products you provide are crucial to someone’s financial future. Knowing that you are selling a product that benefits their health and financial future makes your job a lot easier.

Benefits are complex and difficult for most people to understand. Since open enrollment is the only time for most people to make choices about, and changes to, their benefits for an entire year, it’s vital that they understand their options. If you’re working with employer sponsored benefit plans: it’s very important that plan members (employees and their dependents) understand the value of their benefits as part of the total compensation package. You can help your group benefit clients educate and communicate with their plan members by providing benefit enrollment guides, collecting collateral from the insurance carriers, and holding live meetings with q&a opportunities.

#3 You’re the Priority

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How independent agents make buying insurance easier

It’s insurance without the guesswork. Nowadays, buying an insurance policy is easier than ever. But while websites are convenient, they can’t provide customized advice on your unique circumstances. If you’re looking for an insurance agent, orlando has plenty. But that doesn’t mean they’re all equal. At harry levine insurance, we’re independent insurance agents, which means we aren’t tied to a single carrier. Being able to shop the market means you get the freedom of choice. Our goal is not simply to sell you a policy. We want you to understand your coverage so that you feel safe and secure.

What Does an Independent Insurance Agent Do?

There are two primary types of insurance agents – independent and captive. Independent agents are contracted with many insurance companies and can offer quotes and services from all. On the other hand, captives are tied to a few insurance companies and generally cannot offer the products of others. An example may help illustrate: when purchasing a house, a buyer wants a realtor that will look at all homes in the area that fit their criteria. That is an independent agent. Now suppose another realtor only shows homes their own real estate company is selling. That is a captive agent.

Keystone adds perkins insurance agencies, llc to its texas network may 2, 2023 keystone names brian erwin as new ohio and kentucky state vice president march 21, 2023 keystone insurers group announces njaa agents that have merged into its independent agency network january 24, 2023 select ok and mo bainswest agencies join keystone january 23, 2023 keystone fully acquires east coast risk management as its risk management division january 10, 2023 keystone names tony rhodes as new executive vp of property & casualty january 6, 2023.

Oaa offers stability. Our profit-sharing system provides security for independent insurance agents who are accustomed to doing everything on their own. The agency foundation provides training and support to agents no matter how experienced or inexperienced they are. For every agent who joins oaa, we offer the tools they need to make connections, build their agency and increase their profits.

We are independent agents in gambrills, maryland, free to choose the best carrier for your insurance needs. We do not work for an insurance company; we work for you. We work on your side when you have a loss and follow through to see that you get fair, prompt payment and service. Lighthouse insurance services represents a carefully selected group of financially strong, reputable insurance companies. Therefore, we are able to offer you the best coverage at the most competitive price. What is an independent insurance agent? when you decide to buy a car, you wouldn't purchase the first one you see.

Independent Agents vs. Insurance Brokers vs. Captive Agents

Logically, it makes more sense to work with a local, independent insurance agent because and independent agent has access to multiple a-rated carriers for all your insurance needs. Captive agents represent only one company (i. E. State farm agent, farm bureau agent, shelter agent, nationwide agent, allstate agent, etc…). Captive agents don’t have access to multiple markets for auto, home, motorcycle, boat, rental dwellings, umbrellas, etc.