Captive or Independent Insurance Agent?

So just what is the difference between a captive insurance agent and an independent agent?

Most consumers don't know. Do you?

A captive agent works for one company. An independent agent works for YOU the client, and generally writes business for a number of insurance companies.

So how do you choose?

In my opinion, the most important thing is trust. Who are you comfortable with? Who can you talk to personally when you have an insurance problem? Who do you feel comfortable disussing personal insurance matters with? There are outstanding agents who are captives, and outstanding agents who are independents. Do business with someone you trust.

From an economic standpoint, shopping for Kentucky insurance can be an eye opening experience. Independent insurance agents can shop your coverages with a number of companies, and give you a choice of companies. We have seen Kentucky Auto Insurance rates vary by hundreds of dollars for the same coverages.

It just makes good fiscal sense to shop your Kentucky Auto insurance at least every two years. More frequently if you are young, or had a significant life changes like marriage, purchasing a new home or auto, graduation from college, etc. Moving to a different zip code within Kentucky can increase or decrease your premium dramatically. If you are planning a Kentucky relocation, definitely shop around for your coverages.

Shop my Kentucky Car Insurance with an Independent Agent

Many independent insurance agents automatically shop their clients coverages at renewal. If they know you have had a life change, for example purchased a new car or gotten married, oftentimes they will re-quote your policy with several companies right away. Captive agents cannot offer you other companies and other rates.

So what will you choose...a captive agent or an independent insurance agent? Do your homework. Compare prices and coverages. But most importantly, do business with a Kentucky Insurance agent you trust. When that rainy day comes, and you have to file a claim, I hope you hired an agent who will see you through.