(NAPS)—To get the best deal on insurance, many people consult an insurance agent or broker. But did you know that there are different kinds of insurance agents and brokers—and the one you choose can make a big difference in the type of service you get and the choices you’re offered?
Here’s the difference:
Captive or Exclusive agents work with a specific insurance company, and as part of their business agreement with that company, they can offer only that company’s insurance products.
Independent agents can offer products from many insurance companies. This helps them better serve your interests, as they can review multiple options to find a policy and rate that’s right for you. Insurance rates vary from company to company. Independent agents can put together a customized insurance plan.
Here’s the difference:
Captive or Exclusive agents work with a specific insurance company, and as part of their business agreement with that company, they can offer only that company’s insurance products.
Independent agents can offer products from many insurance companies. This helps them better serve your interests, as they can review multiple options to find a policy and rate that’s right for you. Insurance rates vary from company to company. Independent agents can put together a customized insurance plan.
Another plus to working with an independent agent or broker is their ability to offer guidance for all your insurance needs—auto, home, life, business and more. They can customize a package of policies just for you.
