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By alcam on Thursday, March 29th, 2012 | No Comments
Auto Insurance at the Best Price
Finding the affordable Car Insurance for yourself, your family members, or your business can be very complicated. There are multiple carriers, options, and costs vary greatly. The options can be overwhelming and far too complicated to understand for most people. Car Insurance Here’s advice would be to seek out a guide, a licensed and independent agent that will shop around across a number of companies to find the best price for your specific situation.
What is an Independent agent?
Insurance agents come in two basic flavors; captive and independent .
- A “captive agent ” represents one company and one company alone. They are “captive” to that company and can only sell the products that their parent company sells.
- An “independent agent” is licensed to sell insurance products from multiple companies and will match their clients with the company that offers the best rate and coverage for their client’s specific situation.
- Independent agents represent YOU while captive agents represent the company that they sell for.
How does the broker get paid?
- Independent agents get paid a commission that is automatically added to the insurance premium. You’ll pay nothing extra.