Seven Reasons to Choose an Independent Agent
by Admin
Posted on 16-11-2022 05:33 PM
Insurance can be a complicated purchase. You’re not buying bread or milk. You’re buying a promise of protection that could potentially make or break your financial well-being. How do you know that you’re making the right choices about coverage? are you sure you’re getting the best possible value for your dollar? the options can seem bewildering. Mutual benefit has sold its coverage exclusively through independent agents for over 100 years. We’ve seen first-hand how the advice and advocacy of agents benefit our policyholders. Here are seven reasons why we believe the independent agency experience benefits you:
they give you a choice – independent agents represent many different insurance companies that offer a wide variety of coverage options and price points.
When you join a captive agency, you’ll be handed an established set of guidelines and rules on how to set up and run an agency. Much of the decision-making and guesswork is taken out of setting up your business, as you’ll receive operational and administrative support, as well as marketing assistance. Your company will funnel referrals and leads to you, and you won’t have to rely solely on your own marketing efforts to find new business. You’ll also benefit from a national marketing budget and brand recognition right on your front door. You will likely have the stability of a paid salary with commission.
Is the nine-to-five workday not for you ? independent agents don’t have to operate around that lifestyle. In fact, you can pick your own schedule. Because you won’t be working for one company, you’re truly your own boss. You have the liberty of choosing when and how often you want to work. You can decide to only hold meetings on weekdays or in the evenings, or you can still choose to devote yourself to a 40-hour work week. But that also means it’s up to you to put in a sufficient amount of effort. What works for one agent may not work for you, but the bright side is you can experiment with hours until you find a steady routine.
7 Advantages of Using Independent Insurance Agents for Your Personal Insurance
Captive agents: carry only one insurance provider, like state farm or farmers. Independent: have access to multiple insurance carriers and can offer their clients more options.
Why is this distinction important? because while there are certain advantages to working with a captive agent, working with an independent insurance agent provides a huge number of benefits a captive agent just can’t. So what are the biggest advantages of working with an independent insurance agent? here are the top three we frequently hear from customers.
An independent agent is someone in your local community who can serve your insurance needs throughout your lifetime. This local knowledge provides many advantages. A local agent gets to know you as a person and learns about the changes you experience over time. They often offer advice and learn about which companies have provided you with satisfactory service in the past. Additionally, local insurance agents have knowledge about specific risks to the area. This knowledge can ensure you avoid any gaps in coverage. A local agent is nearby with the capability to take care of your issues right away when you have to file a claim or have questions about your coverage.
Independent agents have a great way to continue growing their agencies and learning more about how to serve their clients better. It not only accentuates the positive aspects of being an independent insurance agent. It also helps each independent insurance agent deal with the disadvantages (such as learning how to market their agency better).
they have licensed and experienced staff. Independent agents have access to many markets allowing them to deliver more options. They have dozens of markets from which to select, and will search them all to bring you the best possible combination of price, coverage, and service. More options mean lower premiums for you. Independent agents offer unbiased advice. These agents are your one stop shop; they offer a complete line of insurance products. Their staff is qualified and trained to explain coverage in simple terms. They can review coverage and make necessary changes based on your needs. Coverage can be designed to meet your individual needs.