Independent agents are insurance agents or brokers that are not employed by any specific insurance agency. Independent agents are, therefore, able to sell insurance policies from multiple companies, where they are paid on commission for each policy sold.
How do insurance agents become independent?
Below are the exact steps you need to follow to become an independent insurance agent and succeed in the financial services industry.
- Choose a career path and focus.
- Complete your licensing requirements.
- Get errors and omissions (E&O) Insurance.
- Get Contracted.
- Create a business plan.
- Stay Compliant.
Are Independent Insurance Agents good?
An independent agent can do important things for you: Agents have at their disposal the ability to quickly check prices and coverages with dozens – if not hundreds – of different insurance companies. Since rates vary widely an independent agent can very likely get you a better deal than you can get for yourself.
How to find an independent health insurance agent?
An independent insurance agent works for you, not the insurance company. They can shop at dozens of insurance companies to find the right coverage for you at the best price. Fill out the form to find a top-rated agent. Your agent will shop dozens of insurance providers for the best rates.
Why do independent insurance agents work for You?
Our independent insurance agents work for you, not the insurance companies. And the best part… it doesn’t cost you anything. When you have options from multiple insurance companies, it’s easier to find the best coverage at the right price. There’s an independent agent in every city. This means, they understand the insurance coverage you need most.
How many insurance agents are there in Hawaii?
Our First Insurance network of agents includes 27 independent agencies, with most agencies servicing statewide. Whether you are an individual or a business, you can count on our agency partners to deliver warm, friendly service and thorough insurance buying guidance. Choose an agent from the list below.
What are the pros and cons of independent agents?
Independent agents have been around since 1896. Independent Insurance Agents & Brokers of America (IIABA) helps to build the structure of independent agencies. More than 7,100 independent agencies are selling on behalf of 43 different insurance carriers across the U.S. Pros and Cons of Independent Agents
