Do you Need an Insurance Agent?

What Is an Insurance Agent?

They are insurance professionals with vast expertise and know-how ready to guide you toward the perfect protection while prioritizing your budget. They are masters in analyzing the best insurance options for you, and help you reach the ideal safety net by combining discounts, policies, and optional coverages.

Keep in mind that, when we refer to optional coverages we are talking about specific add-ons you can include in your Homeowners, Renters, Condo, Motorcycle, or even Personal Liability policy. They know every detail and trick behind these enhancements, and most importantly they are all about using them in your favor!

Types of Insurance Agents

When it comes to insurance, there are different types of agents available to assist you. Let’s understand your options:

• Captive
  Captive agents work exclusively for a single insurance company, selling policies offered by that company alone. They have in-depth knowledge of the products and services only offered by their insurance company and have to keep their interests besides yours when offering insurance products.

• Independent
  Independent agents work with multiple insurance companies, offering a wider range of coverage options. They know all about every available insurance product, no matter the company. These agents are the ones who can put your needs first. They do not respond to an insurance company but to their customers.

While both agents have their advantages, working with an independent one can help you get more unbiased advice. They can also offer a broader range of insurance options and fully focus on what you’re looking for. That, combined with their expertise, becomes the perfect match!

Benefits of Working With Independent Agents

Let’s discover the advantages of counting with an independent agent when getting insurance.

• Local focus
  One of the key benefits of working with independent agents is their know-how about the specific neighborhood or location where you reside. They have firsthand information about the local needs, risks, and characteristics of the area.

  By leveraging their in-depth understanding of the local landscape, independent agents can provide you with comprehensive coverage that addresses the specific risks associated with your neighborhood, ensuring you have the right protection when you need it most. This localized expertise allows them to offer tailored insurance solutions that align with the unique requirements of your community.

• Time-saving
  When you’re looking to protect your home or your vehicles, we cannot immediately give you an exact rate of how much your insurance will cost. Multiple factors may affect your policy whether you’re accessing a Homeowners, Condo, Mobile Home, Landlord, or Motorcycle, among other insurance products.

  These processes can take time, that’s when an agent comes in handy. As independent agents, they have the expertise and are fully aware of the considerations you need to take into account accelerating this workload significantly. Moreover, they’re experts when balancing the costs and benefits between the ideal coverage, and the key factors affecting your policy’s final price. They help you quickly understand and prioritize what you need, how much you are willing to pay for that, and what you should expect when filing a claim.

• Customer-oriented
  Independent agents are known for their customer-oriented approach. Unlike captive agents who work for an insurance company, independent agents work for you. They prioritize your needs and preferences above all else.

  They are not bound by any specific insurer, allowing them to impartially assess your requirements and present you with a wide range of options from various insurance providers.

• Licensed experts
  Independent agents undergo rigorous training and must meet specific licensing requirements to provide insurance services. This level of professionalism ensures that they’ll have a deep understanding of insurance policies, coverage options, and industry regulations.

  With their expertise, they can guide you through the complexities of insurance, explain policy terms and conditions, and help you make informed decisions.

Conclusion

All in all, contacting an agent is not only a smart choice but a great investment! They are key players in this industry, and by choosing them to help you navigate it, you’ll save money, have a better understanding of your options, and upgrade your protection.

At PSIC, we know how important professional guidance is when it comes to insurance. That’s why we only work with independent insurance agents who have the expertise to assess your needs and find the insurance policy that fits you best. Remember, you’re the one who’s going to pay every month your insurance policy, wouldn’t it be ideal if you make sure first that you’re getting the best out of it?