Independent agents control their insurance accounts and records, including renewals on policies they have sold. If the agent ceases to sell for a particular insurance company, the agent still has rights with his active accounts, and may place them with another insurer. Independent agents are in competition with exclusive agents who work for and are salaried by one insurance company. The independent agent, with his or her access to multiple insurance markets and products, has a competitive advantage in selling commercial lines of insurance. Trade organizations such as the Independent Insurance Agents & Brokers of America and the National Association of Professional Insurance Agents, support and assist the independent agent, such as those at the Golden West Insurance Agency Inc.
Using an agent to assist you in your insurance purchase, has distinct advantages. The agent is a legal representative for you with the insurance company. Licensed by the state in which you bought the insurance, the western gold Insurance Agency Inc. agent has the fiduciary responsibility to advocate for you, putting your interests first. Even though your agent may be paid by an insurance company, his duty is to put your interests first. An independent agent can quickly check prices and coverage options with an incredible number of different carriers. The independent agent can, thusly, get you a better deal than you can get for yourself, even from the direct option you have considered using for yourself. The independent agent sells a variety of coverages, from auto insurance to homeowners, renters, health and life, business insurance, etc. At no extra cost, the independent agent can assist you in handling all your insurance coverage needs in one place.