Historically, the only method to get vehicle insurance was through an agent; now, as online auto insurance becomes more popular, the question of whether you really need an agent arises. Learn how to determine whether you require the services of an agent and what aspects to consider.
Do you require the services of an insurance agent?
Only you can determine if the convenience of buying an insurance online trumps the value of having an agent you can contact directly, email, or meet with in person. Purchasing insurance is crucial to your financial security.
Car Insurance: Three Options
Here are some vehicle insurance providers and the roles that agents play in each:
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Captive Agent
A captive agent represents just one insurance company. It is their obligation to place all of their business with a single carrier. Captive agents are employed by several of the major insurance companies.
These companies have customer support centers that are open 24 hours a day, seven days a week. Captive agents, on the other hand, may be able to handle the majority of their clients’ demands directly.
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Independent Agent
An independent agent sells insurance from a variety of companies. They may sell primarily for one carrier, but if it benefits the customer, they can also place business with other carriers.
Rather of working with the insurance company, independent agents deal directly with the customer. This enables for a more comprehensive carrier search inside a single agency.
The Benefits of Using an Agent vs. Buying Direct
In the insurance sector, many individuals still need personalized attention.
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Knowing Your Surrounding
It’s also beneficial to work with an auto insurance agency who is familiar with your region. The agent has a good understanding of you and your location. If you have a claim, a local agent will be able to recommend reliable body shops and glass businesses in your region.
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Paying in Cash
Cash is getting increasingly scarce. However, there are still others who like to use it. Cash payments are still accepted by the majority of agencies.
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Discount for Multiple Policies
The multi-policy discount is a significant benefit of having all of your insurance with one agent. Most carriers provide goods such as vehicles, houses, and financial services through an agent.
When you combine your policies, you’ll get a multi-policy discount. Many internet retailers do not yet provide home or financial items, which limits your potential savings.
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Fast Online Convenience
Purchasing vehicle insurance online is a quick and simple process. You may get a quote online at any time of day or night. Otherwise, you must provide an agent with all of your personal information.
Then you must frequently wait for a callback. If you’re short on time, buying insurance directly online is a smart option.
The bottom line
The best alternative is to shop around for the greatest coverage at the best price, as well as courteous and prompt service and a carrier that meets your specific needs.
