What are Independent Insurance Agents and Why Do You Need Them?

Insurance isn’t always a cut and dry purchase. After all, you’re not just buying something simple like a new pair of shoes.

What you are buying, however, is peace of mind and protection. But it’s important to make sure that you’re making the right call regarding the type of coverage you choose.

How do you know what’s best?

This is where working with independent insurance agents comes in. Are you wondering what an independent insurance agent is?

Wonder no more. In this post, we’ll give you a breakdown of what an independent insurance agent does and why you should work with one.

What Is an Independent Insurance Agent?

An independent insurance agent is an insurance agent who sells policies which are provided by several different companies, as opposed to just one. Independent insurance agents are not considered to be an employee of any of the agencies for which they offer policies. Instead of being employed, the agent will receive a commission for each policy they sell.

Why You Need Independent Insurance Agents

An independent insurance agent will act as your advocate. They’ll put your needs and desires above their own and above that of the insurance agency to ensure that you receive the best possible policy and service for your needs.

Besides, an independent insurance agent can:

• Provide quick quotes for many different insurance policies at once
• Cover all of your needs – from car insurance to homeowner’s insurance and more
• Get better deals than you would be able to secure for yourself
• Work with you to bundle several policies and save you money
• Communicate with you so that you understand all of the complicated legal jargon within your contract

These are just a few of the benefits you can avail of if you decide to work with an independent insurance agent as opposed to securing insurance on your own or through a broker.

Finally, there are benefits for you even if your independent insurance agent makes a mistake.

What are they, you ask? That’s a good question!

If you are sold a policy that doesn’t meet your needs, the insurance agent who sold it to you may be liable for malpractice, per their errors and omissions liability insurance. You can enlist a lawyer to file a lawsuit against the agent and recoup any damages you’ve suffered as a result of your agent not acting with your best interests in mind. Hence they are especially motivated to find the best policies to cover your needs.

Do You Have More Questions?

Now, you know what independent insurance agents are and how you can benefit from using one, but you may still have some questions. If you do, Herndon Carr & Co. can help you answer them.

Contact us today. We’ll work with you to provide answers to any questions you may have so that you can make an informed decision regarding your insurance.

We’re committed to providing you with competitive and comprehensive insurance policies that are designed to protect you, your loved ones, and your property from loss and damage. Don’t wait – contact us today to learn how we can serve you.