Working with an Agent
What is the Value of Working with an Agent?
There two types of agents: exclusive and independent. Exclusive agents represent a single insurance company. An independent agent represents several companies.
You are limited with an exclusive agent if the company they represent does not write the coverage you need. The exclusive agent typically has no other options for you.
The independent agent has several companies from which you can choose the coverage you need. Plus, by acting as independent counselors, they work for you rather than an insurance company. Your independent agent has the benefit of offering you local knowledge of the risks associated with your particular area and the companies that can best meet your needs.
In other words, your independent agent offers you choices that exclusive agents can’t.
Having a Conversation with Your Agent
Insurance is complex and you need professional advice you can trust. We partner with top-quality independent agents who can help guide you through the purchasing process. There are many things you should be asking your agent prior to purchasing insurance for your home or business.
First, be prepared before you visit your agent. Do an inventory of your home or business. You may be surprised about how much you really have. Visit knowyourstuff.org.*
Below are a few of the types of questions your agent can answer:
- Does my lender require flood insurance? Am I in a special flood hazard zone? How much flood coverage do I need?
- What is umbrella insurance and why would I need it?
- I collect antiques and jewelry. How do I get these covered?
- Do I need special coverage for an in‐home office?
- Do I need employment practices liability insurance and what does it cover?
- Is my company required to maintain worker’s compensation coverage?
- What will happen if I cannot operate my business?
- I conduct business out of state. Is my electronic information protected?
- What is identity theft and is there a way to protect myself from it?