4 Reasons Independent Insurance Agencies Offer the Lowest Rates
Finding the right insurance is always harder than it sounds. You want a policy that covers everything you need, has a reasonable deductible, and isn’t exorbitantly expensive. If you’re like many people, you shop around with all the major carriers before making a choice.
But did you know that, more often than not, an independent insurance agency can give you a better deal? Here’s a look at why.
1. They Work With Multiple Insurance Carriers
You might be used to comparing quotes yourself before choosing an insurance policy. When you work with an independent insurance agency, your agent does the shopping around for you.
These agencies work with multiple insurance companies so they can compare rates to find you the best possible deal on coverage that includes everything you need.
2. They’re Part of the Community
Often, independent insurance agents have grown up in the areas they serve — or are, at the very least, long-term residents. That means they’re familiar with area-specific risks and can help you choose a policy accordingly.
For example, if you live in an area prone to tornados, your agent might be able to help you find a home insurance policy that may keep you covered in the event of tornado damage.
Independent agents are part of your community, so they have an interest in forming long-term relationships with their clients. That leads to unparalleled support and customer service.
3. They Can Find You Group Discounts
Group discounts are insurance discounts offered to members of certain groups or organizations. There are more types of group discounts than you might realize. These are some examples:
AAA
Military
Certain credit unions
Colleges and universities
Professional trade organizations
Mensa
Some employers
There are so many possible group insurance discounts that it can be difficult to find every applicable one if you don’t know where to look. However, most independent insurance agents will take the time to find you every possible group discount.
4. They’ll Help You Through the Claims Process
When it comes to claims, insurance carriers prefer to pay out as little as possible. This means that when a company-affiliated agent helps you with a claim, they’re protecting the carrier’s best interests.
They might explain how the filing process works, but if you’re leaving out something that could lead to a larger settlement, a company-affiliated insurance agent probably isn’t going to tell you about it.
However, independent insurance agents are not loyal to a particular insurance carrier — they’re loyal to you. If need be, your agent can walk you through the claims process and offer tips to maximize your claim.
Finding the Right Independent Insurance Agent for You
Now you know that you might just find your ideal policy with an independent agent. Bear in mind that just like major carriers, some independent agencies offer more coverage options and better service than others.
When you take the time to thoroughly vet insurance agents before making your selection, you’ll be well on your way to a quality policy.