 When buying insurance these days, there are a few options. You can go to a captive agent, an agent that represents one company, or you can buy from an independent insurance agent. And there is always the option to call an 800# and get it over the phone or over the internet.
Captive agents seem to spend the most on marketing and advertising, so I think that's why most people seem to gravitate towards them. Captive agents represent one company. Most, if not all, are probably "A Rated". Independent insurance agents probably spend the least out of everyone advertising, so that is why some people are unfamiliar with them. These agents represent many companies, usually at least five. Some companies they represent- Travelers, The Hartford, Safeco, and Progressive Drive. Not familiar with these companies? It is said that Travelers actually wrote the first auto insurance policy in 1897. You can think of an independent as an agent/broker. They're not tied to one company, so if your insurance rate goes up, they can look at other options. When it comes to commercial/business insurance independents can also quote your insurance with various carriers, which is very important because different insurance companies have different appetites for different businesses. Article Source: http://EzineArticles.com/3910874
10 Comments
2/12/2019 04:50:59 pm
My sister is planning to have her own business and she wants to make sure that she'll have insurance. It was explained here that a good agent should be able to quote the insurance. Furthermore, it's recommended to consult insurance experts when considering having business insurance.
Jason Matison
2/13/2019 05:33:21 am
Probably a good idea. Thank you for the comment. 12/17/2019 10:16:07 am
Amazing post! Thanks for sharing and keep up the great work. Insurance performs a vital role in today's competitive era of commercial entire world. Corporate environment is unstable as it would be hugely influenced through minor alternation in legalised, technological along with sociable environment. Hence during those times insurance solutions protected their organization coming from future economical loss. Based on reports warehousing insurance and surety bonds tend to be tremendously desired in business environment. The ones that have to recognize warehouse insurance, they'll check-out https://www.deviantart.com/chrewororm/journal/What-Everybody-Else-Does-When-It-Comes-To-How-M-825795549
roohi taj
4/1/2020 12:13:11 am
thank you for the great post 7/2/2020 09:42:07 pm
Thank you for showing the different types of insurance agents available when we want to buy insurance. My sister is planning to start a small business locally and she was asking me for advice the other day. I should remind her to get insurance for her business so that she can protect herself. 7/22/2020 02:17:59 am
This is very true I find as a broker myself we always manage to save our clients a ton when they have previously been with an insurance company direct 4/29/2021 09:39:03 pm
This article provides details about the blog. I enjoyed reading this article and would suggest others it as well. Thank you for this article! This is really very informative for us and look forward to more such in future for all of us. Leave a Reply. |
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