It seems you can do almost anything online now. And, it’s usually faster and more convenient. But when it comes to car insurance, many people still want to talk to an agent. So, should you buy your insurance online or should you go direct through an agent?
The answer likely lies somewhere in the middle. Let’s look at some of the advantages and disadvantages of each.
Types of Auto Insurance Agents
There are essentially two types of agents.
Independent agents work for themselves and are able to sell auto insurance from many different companies. These agents often offer a variety of insurance products, including life and health insurance. If you want all of your insurance needs covered by one person or company, you can hook up with a local agent.
Exclusive, or captive, agents are agents that work exclusively for one carrier. If you only want to buy insurance from one specific company and you prefer to have one point of contact for your insurance needs, you may want an exclusive agent.
Advantages of Auto Insurance Agents
Insurance can be complex and difficult to figure out what the best options are for your situation. Deciding between coverage options, deductibles, and state requirements can seem daunting. Agents can sit down with you and explain your policy in detail. However, there is a price to pay for this personalized service and advice.
Advantages of Online
The price of coverage is often the deciding factor when a consumer is shopping for car insurance. Online marketplaces are able to electronically shop the best rates from the top companies. And, the results are presented immediately. There is no waiting for an insurance agent to call back. Searching for auto insurance online can often reveal the same savings and discounts that an agent has access to and allows you to compare the companies you choose. And, you won’t have to pay a fee for using an agent.
Agents versus Online
Consumers may not have to make this choice at all. Today, consumers don’t have to choose between using an agent or going it alone online when buying auto insurance. The best choice, and one that an increasing number of people are using, is to first shop around online to understand pricing, and then contact an agent to talk through any specifics and questions.
A hybrid approach may yield the best policy for your personal situation.
And when you are ready to start shopping, InsuranceWins is here to help. We’ll shop around using your location and match you with the best agents and carriers for your personal insurance needs. Best of all, you can start right away with our fast and easy form.