Everyone has seen insurance advertisements that feature a lizard, a man who creates trouble and a woman in white trying to sell you insurance. These ads may be entertaining, but how in the world can you really tell these companies apart? What are the differences? Is one company really better than any other? Will the coverage, price, and service meet my needs?
There are two distinct kinds of agents in the United States; Independent agents/brokers and direct writers. Let’s define these for you.
Independent Agents – Like PlatinumOne Insurance Agency
An independent agent is a business that is owned and operated by local business professionals. Some larger agents may have a board of directors and many partners, but usually the ownership is local and independent. These agents offer many different insurance products through many different insurance companies. Independent agents sell the products that most appropriately meet the needs of their clients. Independent agents typically are very well trained and knowledgeable of the complexities of the insurance market and insurance law.
The goal of the independent agent is to provide the best possible combination of coverage, price and service. For example, independent agents have experience in understanding what services insurance companies provide and are able to match unique services with client needs. Not all insurance companies are alike.
PlatinumOne Insurance Agency will work much longer than ‘7 minutes” to find you the best possible combination of coverage and price.
A direct writer is an agent who distributes policies for only one insurance company. Direct writers are agents paid by the insurance company and cannot utilize the entire insurance market.
If your roof needed replacement would you go to just one roofer for a quote? Would you hire a roofer because their ads are funny? Wouldn’t it make good financial sense to go to more than one roofer to get options and pricing comparisons?
The value of the insurance you buy truly is established when and if you have a claim. Independent agents advise and help clients through the claim process. Direct writer’s are working for the insurance company and may not always have your best interests in mind.
We are a full service insurance agency representing individuals, families and businesses in the Kansas City area. We are licensed professionals who are not limited to placing your insurance with just one carrier. We have the flexibility to choose the insurance company that best serves your individual needs. Having choices is our advantage and it benefits our customers.