If you want to use the most efficient method for getting auto insurance quotes and paying the lowest amount of money for a policy, then you need to understand how an independent insurance agency can help you. The following are four things to understand about the type of insurance agent and how it benefits you.
They work for themselves
As an independent agency they are not on the payroll of any insurance company. They work on commission, and this money is paid by the insurance company of the policy they have sold. This means they are usually earning commissions from several companies. Their motivation is to sell you a policy so they can make money, but it can be any company that offers you the deal you are looking for. For this reason, they are dedicated to giving their customers the best deal possible, regardless of the particular insurance company that offers it.
They often have the best prices
Many people don’t understand this. They look at independent insurance agencies as brokers or middlemen who only add to the final price of the policy, but this is usually not true. Insurance companies that utilize independent insurance agencies know that they are in competition with other companies and will offer the agency their best discounts. These discounts will not be available to the general public, so you will be saving money by using an independent insurance agency rather than going direct.
Save money by bundling your insurance
Not only do they offer good prices on auto insurance, but independent agents usually offer other types of insurance as well. If you are willing to give an insurance agency a chance to quote on all of your insurance needs, you are likely to save money across the board. It is true, the some of the largest insurance companies will tout a discount for bundling your insurance. This is usually for auto insurance combined with homeowner’s insurance and sometimes life insurance. However, the savings are relative to buying each policy separately from them. When quoting through an independent insurance agency, you may be able to purchase these policies cheaper using more than one insurance company. This is only possible when buying through an independent insurance agent.
Saves you time
Your time is worth money, so how does it help you to save a few dollars on a new policy if you spent a lot of your time to achieve this. With one independent insurance agency, you will be getting the best quote available from several companies. Even if you had time to do these quotes yourself, there are insurance companies that you may not have heard of because they do the majority of their sales through independent insurance agents.
When you are ready to request auto insurance quotes, remember to give an independent insurance agent an opportunity. You will likely be surprised at what they can do for you.