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All You Ever Wanted to Know About Insurance

Independent vs. Captive Agent

As you navigate the world of insurance, you may encounter different types of agents. Two common types are independent agents and exclusive or captive agents. While both types of agents can provide you with insurance coverage, there are some key differences to be aware of. In this blog post, we’ll explore the benefits of choosing an independent agency like The Rathbun Agency. 

What is an Independent Agency? 

An independent agency is an insurance agency that represents multiple insurance companies. This means that they are not tied to any one particular insurance carrier and can offer you a variety of options when it comes to insurance coverage. Independent agents can help you find the best coverage for your needs and budget by comparing policies and prices from different carriers. 

What is an Exclusive/Captive Agent? 

On the other hand, an exclusive or captive agent represents only one insurance company. They are employed by that company and can only offer you the policies and rates provided by that company. While this can make the buying process simpler, it can also limit your options and may not necessarily provide you with the best coverage or price. 

Benefits of Choosing an Independent Agency 

  1. More options: As mentioned earlier, independent agents can provide you with a wider range of insurance options. This means that they can help you find the policy that best meets your unique needs, whether it be for auto, home, or business insurance. 

  2. Customized coverage: An independent agent can take the time to get to know you and your specific needs. They can help you identify any gaps in coverage and recommend policies that will provide the protection you need. 

  3. Competitive pricingWith access to multiple insurance carriers and the latest technology, independent agents can shop around for the best rates and coverage options with all of their carriers simultaneously. This means that you may be able to get the coverage you need at a lower price than you would with a captive agent. 

  4. Personalized service: Independent agents are often smaller, locally-owned businesses that take pride in providing personalized service to their clients. You can expect to work with an agent who knows your name and understands your unique insurance needs. 

At The Rathbun Agency, we believe that everyone deserves quality insurance coverage at an affordable price. As an independent agency, we work with a variety of insurance carriers to find policies that meet your specific needs. We also pride ourselves on our commitment to personalized service and building long-term relationships with our clients. 

While both independent and captive agents can provide insurance coverage, choosing an independent agency like The Rathbun Agency can offer you more options, customized coverage, competitive pricing, and personalized service. Contact us today to learn more about how we can help you find the right insurance coverage for your needs.