Everywhere you go, there is a bombardment of commercials and advertisement attempting to sell you insurance. Whether they boast the best car insurance rates or unique coverage benefits, it’s easy to get confused. Before you take the bait, consider that many of these offers are being configured behind the scenes without the company really understanding your needs. The simplicity may look attractive, but it could leave you with gaps in your coverage. And getting a great price isn’t all that great when it doesn’t’ include the coverage and limits you really need. Instead of spending 10 minutes saving 10 percent on your car insurance, continue reading to learn why using an independent agent may be a much better fit for you.
How an Independent Agent Is Like a Personal Shopper
Few things are more luxurious than having your own personal shopper. A personal shopper is someone who understands their client’s needs and preferences, and then provides them with multiple options to choose from. Personal shoppers can also provide guidance and recommendations while helping clients compare different options.
Much in the same way, an independent agent acts as a personal insurance shopper on your behalf. Instead of working for a single company, an independent agent works for you – the client. By getting to know your unique exposures, coverage needs, and listening to your individual concerns, an independent agent can better help you choose coverage options available from various insurers throughout Minnesota. Having a personal insurance shopper will save you time, and you save money by comparing several options at once – all without lifting a finger.
Personalized Risk Management
You cannot put a price on peace of mind. That is something you can only get from having a close relationship with a local agent who you know has your best interests in mind. Taking the time to work directly with an independent agent is an investment in your future financial security. That person will be an advocate on your behalf, providing you with personalized risk management that helps keep you from suffering a major loss due to insufficient coverage.
Consider this: A business owner who is far too busy to shop around for car insurance quickly applies for coverage online through a well-known carrier. Assuming he is getting the best possible coverage, he quickly accepts the policy recommended to him and never gives it a second thought. A few months later, he falls asleep at the wheel and severely injures two people in an accident. The victims sue the business owner for injuries and permanent damages – a liability that totals $1 million. Though the business owner purchased several hundred thousand dollars in liability protection, it is not enough to cover the victim’s losses. Without enough cash in the bank to pay the bill, the man’s business is lost.
In this scenario, the business owner cut corners to save time, only to find out he was severely underinsured. An independent agent would have taken the time to determine the types of assets – in this case a business – that could have been at-risk to litigation. Perhaps the agent would have recommended the addition of an umbrella insurance policy to help minimize risk and close gaps in coverage.
Who’s Looking Out for You?
Insurance is not a game that should be played alone. You need someone who is ready to go to bat for you, stepping in on your behalf to find you solid, comprehensive protection for your future. For more information about the benefits of using an independent agent for your car insurance needs, contact our office today. We look forward to serving you soon.