When it comes to purchasing insurance, many people don’t realize there’s more than one type of agency to work with. There are many advantages of choosing an independent insurance agency over a captive agency. Independent agencies, like Susquehanna Insurance, focus on serving you, the client, instead of working for a single insurance company. This allows them to shop multiple carriers to find the best coverage and rates tailored to your unique needs.
What Is an Independent Insurance Agency?
An independent insurance agency is one that works for you as the client. They don’t directly work for the insurance companies, they work for their clients who find the best insurance policy and company for them. Each insurance company has a different type of individual that they may be better for. It is the independent agency’s job to make sure they know which one will get you the best rates with the best policy coverage.
Independent vs. Captive Insurance Agencies
When shopping for insurance, there are two main types of agencies to choose from: independent and captive. An independent agency offers much more flexibility because it is not tied to just one insurance company. If a person has multiple needs such as a boat policy, a cabin policy, business insurance, and auto coverage. An independent agency can typically handle all of it under one roof. This makes it a convenient one-stop shop for a variety of insurance needs. In contrast, a captive agency, like State Farm for example, can only offer policies from their own company. While those policies may be a good fit for some, they do not always provide the best price or coverage for every situation. An independent agency has the ability to shop among multiple carriers to find the most competitive rates and policies tailored to each client, instead of being limited to a single company’s offerings.
Independent agencies are especially helpful when it comes to navigating underwriting restrictions that vary from one insurance company to another. For example, some insurers have restrictions based on dog breeds, particularly those known to have stronger bite strength, such as pit bulls. While certain companies may deny coverage because of these restrictions, an independent agency can identify which insurers are more lenient and still offer competitive policies. This allows clients to get the protection they need without being turned away.
How to Find the Right Independent Agency
A great way to find the right independent insurance agency is by going online and doing some research. Just like you would shop for anything else, take the time to shop for the agency that fits you best. Each agency has its own personality. You can usually get a feel for that through their website or social media. The vibe of the agency can help you decide if they are the kind of people you would want to work with.
It’s also important to check Google reviews to see what other clients are saying. Look for honest feedback that gives you a sense of how the agency treats its customers. Read through their website bios to get to know the team and see if their approach lines up with what you’re looking for. Proximity is helpful too. If the agency is in your hometown, they probably have a better understanding of the local risks and conditions. For instance, Susquehanna Insurance is based near Lancaster airport in Lititz. We have an idea of the different risks that would impose upon clients in the area. Taking the time to do this research can help you find an agency that’s not only knowledgeable, but also a good match for you personally.
Check out Susquehanna Insurance. We are transparent and like to have fun, but also knowledgeable and helpful in handling your insurance needs. Get to know us on our social media and read our reviews on google to see if we are the right independent agency for you. Or call us at (717) 290-7780 and request a quote. We would love to hear from you!