When you’re shopping for an insurance plan, you face an important choice right away. Should you consult with an independent insurance broker, or what’s called a “captive agent”? Here’s the difference: An independent insurance broker contracts with many different providers, whereas a captive agent works for just one insurance company.
If you choose to work with an independent insurance broker, you will reap several valuable benefits…
Access to a wide range of insurance providers and plans. This can be especially important with regard to health insurance and particularly Medicare plans. You want a plan that truly suits your healthcare needs, while fitting into your budget with regard to things like copayments, premiums, and deductibles. Because health insurance and Medicare plans can vary so widely from one another, the ability to shop amongst numerous insurance carriers can only provide you with better options.
Customer support. Independent insurance brokers enjoy additional training, education, and support resources, the benefits of which are passed on to you. Your independent agent will reach out to you regularly with helpful blogs and/or email newsletters to keep you informed of your options. And it always helps to consult with a friendly face right in your own hometown, rather than an anonymous stranger over a nationwide 1-800 number.
Flexibility. Because independent insurance brokers are self-employed and make their own schedules, they are often available at more flexible hours and locations. This can be of great help to the busy professional who needs personal assistance that fits into their lifestyle.
As you’re shopping for a health insurance plan, Medicare plan, or any other type of insurance, keep these points in mind. Give us a call, and we will demonstrate the benefits of working with an independent insurance broker so that you can judge the difference for yourself.