Buying insurance for your business can be a complicated process, with the decision having how do the ability to make or break your company’s finances. So, how do you make sure you make the right choice for your business?
A specific insurance agency does not employ an independent insurance agent but operates independently. There are lots of reasons why this may be a better option for your business, all of which you can discover below.
To save money
Independent insurance agents are not linked to one company, which means they can be a lot more flexible with their rates. This means that you can find some great deals if you take the time to shop around.
Furthermore, with independent advisors, there is no brand preference, which means you compare various prices for the same policy.
To obtain unbiased advice
When an insurance advisor works for just one company, their views of the industry can become narrow and one-sided. However, when you choose to enlist the services of an independent insurance advisor, you gain access to dozens of companies and their various policies.
Plus, as this type of agent works more closely with their clients, you can enjoy a more bespoke service.
To get more quotes
As mentioned briefly above, when you work with an independent insurance advisor, you have more options to choose from, as most of these sell for at least five different insurance companies. This enables you to compare quotes and find the best offer based on your specific requirements.
Also, with their connections in the industry, you can find a better value than if you were searching for business insurance quotes on your own.
To benefit from more experience and expertise
Independent insurance agents can easily explain the complexities of insurance, as they have spent years helping people make smart business decisions. Look for an advisor with both experience and expertise in your field of business, and don’t shy away from asking questions about their skills and previous experience.
It can also be a good idea to look at customer testimonials and online reviews to see what previous clients have to say about their services.
To act as a personal advisor
You are much more likely to be able to work face-to-face with an independent advisor than you would with a company, which means that they can act as your personal advisor. They will take the time to listen to you and understand both your business and you as a business owner, which can help them to make a better decision regarding your insurance needs.
They can also act as your advocate if you have a billing or claim concern or if you need to change your coverage for any reason.
The bottom line
If you want a more bespoke and personalized experience when it comes to choosing and handling your business insurance, an independent insurance agent is what you need. Completely at your disposal and with unrivaled experience, expertise, and industry contacts, you won’t regret going down this route for all your insurance needs.
