Regardless of whether or not you use an agent or purchase your car insurance online, you still can receive the same coverage for your vehicle.
More and more people are turning to the internet to compare auto insurance quotes and doing less auto insurance comparison by contacting local agents. However, you should consider your local agents when you are doing your comparing of insurance quotes.
While it may be more convenient to use the internet to compare auto insurance quotes, sometimes, you may be able to get better rates when you are dealing with a local insurance agent.
The insurance quotes that you receive from both online and from your local agent for major insurance companies are going to be the same. If the company employs physical agents, the price will be the same for in person and online.
The insurance commissioner in your state regulates both and they will both use the same rates for the area that you live in, the car that you drive and your driving history.
Insurance agents and Insurance brokers are different in that agents generally represent one company and brokers are able to work with multiple companies. Both are required to be registered in your state and both are required to undergo testing and continued education in the insurance industry.
By working with an agent or a broker, you are in a better position to have one-on-one contact should you encounter a problem or need to revise your policy. The agent is there to help you get a better deal on your insurance, they can give you advice on how to save money and in the case of a broker, they can shop you around to different companies for your auto insurance comparison.
With an agent or a broker, you will pay a higher price for your insurance. It may not be a lot, but the companies that employ agents or brokers need to pay commission and that is an increase of the bottom line, which affects the price you pay for your insurance.
When you work with a company directly, either online or on the phone, you are your own agent and the money that you save in premium costs is the commission that you would pay yourself for doing the agent’s job.
The benefit of doing everything yourself is that you will save money on your car insurance. The downside is that you are doing it all yourself. If you should be involved in an accident or you are in need of a policy revision, you must do all the legwork and paperwork.
If you are using an agent or a broker, you can take everything to them and they will act on your behalf. That is what they are paid commission to do.
If you are comfortable with doing your own work, then buying directly from the insurance company may be the best way to go. If you prefer to have someone take care of your paperwork for you, then an agent or broker might be your best bet.
No matter what you decide, you need to compare auto insurance quotes with several companies, both local agents and online, to make your final decision. By comparing quotes, you will have a better idea of whether or not the savings is worth it to you.
An auto insurance comparison is easy to do and can be done online, or in person with your local agent. Do not forget to compare your current auto insurance company along with the insurance companies that you find online. Sometimes, your own insurance company can get you a better rate, which may end up being the cheapest insurance for you.