Are All Insurance Agents The Same?

When looking for insurance whether it is auto, homeowners, life or commercial insurance, people consult an insurance agent or broker. But did you know that there are different kinds of insurance agents and brokers and they do not all offer the same services and products.

There are captive insurance agents and independent insurance agents.

Here's the difference:

Captive agents work with a specific insurance company, and as part of their business agreement with that company, they can offer only that company's insurance products. They may also be required to sell other products from that company, such as annuities and investment plans.

Independent agents, like Cliff Insurance Agency, can offer products from many insurance companies. This helps them better serve your interests because they can can choose from multiple insurance companies to find a policy and rate that's right for you. Insurance rates and coverage offered vary from company to company. Independent agents can put together a customized insurance plan. Cliff Insurance, serving the Madison, Wisconsin area is an independent insurance agency.

Here is are some example of things that an independent Cliff Insurance agent will talk to you about when you are looking at auto insurance.

There are a lot of factors which determine auto insurance rates, not just vehicle year, make, model, body type and engine size. Your Cliff Insurance agent will talk to you about changes in life circumstances which could affect your insurance rates. For example, if you've recently moved, gotten married, had a birthday or experienced a similar life milestone, you may be eligible to save money on your auto insurance.

Is your car getting older? You don't always need the same level of physical damage coverage on older cars as on newer ones. If you drive an older car, Cliff Insurance agents can advise you on what level of coverage makes the most sense. Raising your deductible could save you money, so depending on your circumstances, that could be a good options for you.

Do you have another type of vehicle that also needs coverage? If you have a motorcycle, boat, RV or other "toy," you might save money by having it covered by the same company that insures your car.

Cliff Insurance will take into account every aspect of your life that might need insurance. They can help make sure that if there are savings available with any combination of auto, RV, boat, motorcycle, homeowners, life, or commercial insurance, you are receiving it.

Please contact your Cliff Insurance Agent today to talk to one of our insurance agents about putting together a comprehensive, customized insurance plan which saves you money and gets you the best quality coverage.