Having an insurance is necessary to protect your property and other valuables. You can either buy a policy directly through an insurance company or contact an agency to explore the available options.
Difference between an insurance company and an agency
An insurance agency is an independent body that sells products of various insurance carriers. The agents are well versed with the ins and outs of each insurance policy and thus can guide you in choosing the right plan. They offer unbiased opinions about any policy that you may be considering and can also customize the insurance plans depending upon on your requirements.
How to choose the right insurance agency?
The first step is to make a list of leading insurance providers in your state, along with their pros and cons. You may consider the following factors while comparing the insurance plans:
Check the insurance carriers – An insurance agency must offer policies from all leading carriers. You can browse their website to know if they offer insurance coverages that you require. You can also go check if the agency provides affordable insurance plans.
Read client testimonials - You must go through the testimonials submitted by their clients, check whether the website provides information about the insurance schemes and allows easy access to policies’ price quotes, via site or through telephone. Most insurance agencies provide an option to request an instant online quote as well.
Interview their agents - Since an insurance agency deals with different companies, you must ask questions that will allow you to have a fair understanding of the options and services they can offer -
- How many clients does the agency has?
This question will help you in knowing varied choices that you may get in choosing a plan.
- How long has he been in this business?
It is always beneficial to hire an agent that has at least 2-3 years of experience in the respective field and has knowledge about the present marketplace.
- How much deductible does he recommend?
Generally a high deductible means lower premiums and therefore an agent who offers more amount is considered to be consumer oriented.
- Are there any discounts available?
An agent who focuses on consumer satisfaction will always try to suggest ways to cut unnecessary coverage and help you qualify for discounts.
You may also inquire about the agent’s qualifications and his area of expertise. All these questions will help you in understanding his personality and the amount of knowledge he has related to this field.
You should select an agency that –
- Offers you a protection plan that fulfills your needs.
- Keeps you updated about all the law and regulation changes that might affect your insurance plan.
Ask for referrals:
Asking your friends and family can prove to be of extreme importance for selecting a right insurance agency. You must inquire them about the insurance strategies that their firm provides and also about its policy renewal schemes. Then, compare it with the agency you are deciding to opt for.
A good insurance agency makes your life simpler and offers you a plan that protects your property, gives long term coverage, including other benefits as well.
By following the above mentioned points, you will be able to choose a reputable and trustworthy agency that is customer oriented and provides best services.
Smith-Reagan Insurance Agency offers insurance plans to it clients in McAllen, TX. The agents guide their clients in selecting an optimal insurance plan. For more details regarding company’s services you can call at (956) 399 – 1353.