What’s the Difference? Independent Insurance Agent vs Captive Insurance Agent
The main difference between a Captive Insurance Agent vs Independent Insurance Agent is the number of insurance carriers they represent.
“Captive” Insurance Agent
- Captive Insurance Agents represent and sell insurance for a single company and can usually only sell their policies (some companies have exceptions).
- When you contact a captive agent to quote your insurance, they will only have one insurance company to offer.
“Independent” Insurance Agents
- Independent Insurance Agents work for themselves and represent several carriers.
- Independent Insurance Agents can offer a broader product selection.
- Using an Independent Insurance Agent can make a big difference in helping you find affordable insurance coverage.
- An Independent Insurance Agent can help clients compare several different insurance policies side by side.
- Independent agents are going to have a better comprehension of how the coverages are interlaced commercially than most captive agents and will have more markets to quote your business.
Shopping
Do have time or want to contact multiple insurance agents for quotes? Working with an independent agent makes it easy to shop multiple carriers as they do the shopping for you.
Trust
No matter who your Insurance Agent/Agency is, be sure you TRUST them.
Motz-Rusin Insurance Agency PALM DESERT office 760-564-3888 www.MotzRusin.com
78000 Fred Waring Dr. Suite 202, Palm Desert, CA 92211
License #0M26924
Motz-Rusin Insurance Agency WYOMING office 307-204-8400 https://motzrusininsurance.com/
1131 13th St. Suite 201, CODY, WY 82414
WY License #455134
License #0M26924
This article is for general informational purposes only and does not provide details of what you need to do to protect your assets.
