How Working With an Independent Agent Can Help You Get Proper Coverage and the Best Price 

Why should you work with an independent agent?

Insurance is an essential precaution for families, individuals and businesses. Regardless of needs or circumstances, an adequate collection of insurance policies can make all the difference when facing unexpected financial burdens due to accidents or other incidents. However, while many people know the importance of insurance, it may be a different challenge to ensure you are getting the right coverage at ideal rates. That’s where independent agents can emerge as a valuable resource and partner.

What Are Independent Insurance Agents?

There are typically two primary types of insurance agents you may work with while trying to compile and maintain an adequate coverage portfolio: independent agents and captive agents. In the case of independent insurance agencies, such as All American Hallmark Insurance LLC, these independent professionals can work with dozens of insurance companies, therefore potentially providing a more varied and versatile selection of policies and coverage solutions. Generally, independent insurance agents act as facilitators between you and your family or business and available insurance providers in exchange for a commission based on their sales.

What Is the Difference Between Independent Insurance Agents and Captive Insurance Agents?

As their titles may suggest, independent insurance agents typically can explore the coverage offerings of multiple insurance companies. Meanwhile, captive insurance agents, also known as exclusive insurance agents, are generally bound to work with a single insurance company and can sell only that provider’s products and policies.

What Are the Benefits of Working With Independent Insurance Agents?

By enlisting the assistance of All American Hallmark Insurance LLC and its independent professionals, individuals, families and businesses may enjoy many advantages that can help ensure they are getting the best available coverage at ideal rates. Specifically, the following benefits may apply:

• Objective selection—Because independent insurance agents can explore the offerings of many insurance companies and sell various products, they may be more likely to provide unbiased advice regarding your ideal options.
• Personalized policies—Everyone’s insurance needs are unique, and working with an independent insurance agent can help you explore a broader range of policies to ensure you get coverage tailored to your circumstances.
• Lower costs—When working with an independent insurance agent, the broader range of policies available may also help you secure the best possible rates for policies suited to your needs.
• Fewer points of contact—While captive agents may be more likely to specialize in a specific type of coverage, independent agents may often have diverse knowledge across various types of insurance. So you may be able to secure several policies under a single point of contact, making it more straightforward to reassess or maintain your coverage portfolio.

We’re Here to Help

As an independent insurance agency serving the Corpus Christi area since 2003, All American Hallmark Insurance LLC has the experience and resources to help you secure ideal coverage solutions at optimal rates. 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.