No matter what type of insurance you’re shopping for, understanding the many coverage options and plan prices available to you will ensure the best deal for your needs. There are two primary ways to purchase insurance: through a captive or independent insurance broker. For most individuals, working with an independent broker has obvious advantages. Explore some of the most noteworthy below.

Why Use an Independent Insurance Broker?

1. Get the Best Fit for Your Needs

Independent brokers work with many different insurance providers to present the broadest possible range of plans to their clients. Captive brokers, on the other hand, work exclusively for one insurance company—and, therefore, have less freedom to customize their products to the customer’s unique needs. 

2. Find the Most Affordable Rates

With the ability to shop around among many different providers, independent brokers can perform detailed price comparisons to ensure the best possible deal with the right amount of coverage. These brokers are also experienced and skilled in negotiations, and can often work out competitive and affordable rates on behalf of their clients. Thus, not only will you get the right plan to satisfy your unique coverage needs, but you’ll also get it at the best price to help keep your personal or business expenses low.

3. Ensure You’re Covered When You Need It Most

Sometimes, captive brokers drop customers who have a lot of liabilities or who have experienced significant losses in the past to help their bottom line. Independent brokers focus on forming long-lasting relationships with you. They can seek out the policies that keep high-liability clients covered, ensuring their assets are protected when they need it most.

If you’re seeking commercial or business insurance, turn to Jesse Wicks of ISU Insurance Services of Colorado. Based in Denver, but serving the entire state and most of the country, this independent insurance broker helps his clients find the best policies to suit their specific situation. Explore his full list of offerings online or call (303) 916-5231 to get in touch with Jesse today.