“The strength of a land lies in the homes of its people” That’s a phrase that has been attributed to the 16th president, Abraham Lincoln. If indeed, he uttered those words more than 150 years ago, that truth still stands today. Even before his time, Americans were using insurance companies to protect their households and safeguard against future uncertainties. We here at Ellis Insurance consider it an honor to be able to help the locals here in Janesville do that every day. Following that theme, we are shedding light on the different ways Americans buy insurance and how the choice you make about your own coverage could have significant implications.
Direct Insurance – Building Your Own Coverage from Scratch
It sounds like the American way, doesn’t it? You jump in and take a do-it-yourself mentality until you develop an insurance plan you can be proud of. As noble as that may be, you could be hurting yourself and your future in the process.
Direct insurance is coverage that is purchased straight from the carrier with no agent to serve as an advisor. Without the agent, there is no one to explain the different types of coverage, for whom they may be appropriate for, and what could happen if you don’t purchase them. Instead, buyers must be their own expert and carefully calculate how much coverage they might need to safeguard their assets if disaster strikes.
The trade-off? Well, there isn’t much of one at all. Buying direct doesn’t necessarily save time, despite the claims of some companies that say it takes just 15 minutes to shop for car insurance. That’s because you might spend 15 minutes with one company, as well as 15 minutes with each of another 5 or 10 companies while you compare coverage and rates. That can really add up to a lot of time, not to mention a lot of quotes to personally keep track of.
Using an Agent – the Smart Way to Shop for Local Car Insurance
Most people realize the frustrations of buying direct. That is why they turn to local car insurance agents to help sort through their options. An agent is licensed and regulated by the state, which means they are tasked with looking out for your best interests. They will help explain the different types of coverage and why you might need them. They will also help you determine how much coverage you will likely need to cover your medical bills, and pay for liability expenses in an accident or other covered event.
To get the most out of an agent’s services, look for an independent insurance agency like Ellis Insurance. Independent agents like Gary Ellis do not work for any particular company. Instead, they have affiliations with multiple insurers, making it possible to present you with several different options for coverage. You can shop between competitors and select the policy that is right for you, all without spending hours online or working with more than one agent. Later, you can return to your independent agent for answers to questions about your coverage, assistance filing claims, and personal insurance reviews as your needs change over time.
If you aren’t using an independent agent to shop for car insurance, you could be cheating yourself out of great service and a more streamlined experience. For more information about how an independent agent can serve you, contact our office today. We look forward to serving you soon.