THURSDAY, SEPTEMBER 21, 2023
Whether you’re seeking to secure your own finances or that of your family or business, an adequate insurance portfolio should be considered an invaluable investment. However, insurance policies can be complicated, nuanced and costly. Fortunately, independent insurance agents can help work with you to ensure you get appropriate coverage at ideal prices while fully understanding your coverage.
What Are the Different Types of Insurance Agents?
As you shop around for optimal insurance policies, who you work with may play a critical role in ensuring adequate coverage. Insurance agents can generally be classified as one of the following: 
- Captive agent—These professionals typically work with only one insurance company (e.g., Nationwide, Geico, Progressive, etc.) and are only able to sell you those policies.
- Independent agent—These agents are not beholden to a single insurance company and may be able to offer you a more diverse array of policies.
What Are the Advantages of Working With Independent Agents?
Your insurance needs depend on your unique circumstances and must be approached with that in mind. Even families living in the same neighborhood or businesses that appear outwardly similar may have significantly different coverage needs. Fortunately, independent agents can ensure you acquire and maintain policies suitable to your needs, preferences and budget. Specifically, working with an independent agent may garner the following benefits:
- Objective advice—As independent insurance agents are able to work with multiple insurance companies, you can be better assured that you are receiving unbiased advice regarding your best coverage options.
- Cost savings—Working with an independent agent may help you access better prices and find various discounts due to their ability to explore a greater variety of policies.
- Personalized coverage—Unique circumstances may make acquiring and maintaining adequate insurance policies complicated. However, independent insurance agents may be better equipped to find policies that fit your specific needs.
- Simplification—In many cases, captive agents may be experts on a single type of insurance, meaning you may need to work with multiple providers to satisfy your insurance needs. Conversely, independent agents may be more versatile, limiting your contacts and simplifying the process of shopping for coverage.
- Local presence—Independent agents may be more likely to operate within smaller businesses and agencies. These local roots may help ensure that you are working with someone who understands your specific circumstances.
We’re Here to Help
At Nauertz Insurance Agency, our dedicated staff has a history of service dating back to 1931. We will draw on this extensive knowledge and experience to help you assess your coverage needs, explore available options and assemble an optimal insurance portfolio. Contact us today to get started.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.
Posted 12:18 PM
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It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional
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