When you need auto, business, life, or homeowners insurance, you typically have two options. You can consult a captive agent who represents only a single insurer or an independent agency who works with a whole network of providers. If you are unfamiliar with independent agencies, you may have questions about working with one. Below are the answers to some of the most frequently asked questions about independent insurance agents.

FAQ About Independent Insurance Agents

What are the advantages of independent insurance agents?

While a captive agent is tied to only a single insurance carrier, independent agents work with a variety of companies. This gives them a great deal of choice when trying to find an auto, life, business, or homeowners insurance policy that fits your needs. You can often get better coverage or pay less money than you would if you worked only with a captive agency.

How do independent agents save you money?

Insurance is a competitive market. Insurers set their policy rates based on various criteria, and some are naturally less expensive than others. A captive agent normally has little or no access to these discount insurers while an independent agent may have access to these policies, depending on the size and breadth of their provider network.

Whom does an independent agent work for?

Whereas a captive agent works for the designated insurance provider of their company, an independent agent works only for you, the client. They collect a commission from the insurer for selling you the product, but their first duty is to satisfy your coverage and budget requirements.

What kinds of insurers to independent agents represent?

Depending on the agency, they may specialize in smaller, regional companies or nationwide brands. Many agents can shop from both types of carriers, offering you the greatest possible breadth of access. They may also specialize in only one or two lines of coverage, such as auto, life, or homeowners insurance.

For expert assistance from an experienced, independent insurance agent, contact 1st Choice Insurance in Fairfield, OH. The firm is family-owned and -operated, and their team has served clients throughout the Greater Cincinnati area for more than 30 years, specializing in affordable homeowners insurance and high-risk insurance for drivers. Visit their website to submit an information request form, and call (513) 860-0666 to request a home, motorcycle, SR-22 bond, or auto insurance quote.