Are All Insurance Agents The Same? (NAPSA)—To get the best deal on insurance, many people consult an insurance agentor broker. But did you know that there are different kinds of insurance agents and brokers—and the one you choose can makea big difference in the type of service you get and the choices you're offered? Here’s the difference: Captive agents and brokers. Captive agents work with a specific insurance company, and as part of their business agreement with that company, they can offer only that company’s insurance products. They mayalso be required to sell other products from that company, such as annuities and investmentplans. Independentagents and brokers. Independent agents and brokers can offer products from many insurance companies. This helps them better serve your interests, as they can review multiple options to find a policy and rate that’s right for you. Insurance rates vary from company to company. Independent agents can put together a cus- tomized insuranceplan. If you’re ready to contact an independent agent to talk about saving money on car insurance, here are a few thingsto consider: Has your life situation changed recently? Many factors determine auto insurance rates, not just vehicle year, make, model, body type and enginesize. If you’ve recently moved, gotten married, had a birthday or experienced a similar life milestone, mention this to an independent agent or broker. You maybe eligible to save money on your car insurance. % Some insurance agents represent just one company while others represent a lot of companies, possibly enabling you to get a better deal. Is your car getting older? You don’t always need the same level of physical damage coverage on older cars as on newerones. If you drive an older car, an independent agent or broker can advise you on what level of coverage makes the most sense. Raising your deductible could save you moneyeach year, too. Do you haveanothertype of vehicle that also needs coverage? If you have a motorcycle, boat, RV or other “toy,” you might save money by having it covered by the same companythat insures your car. Talk to an independent agent or broker aboutit. Another plus to working with an independent agent or brokeris their ability to offer guidance for all your insurance needs—auto, home, life, business and more. They can customize a package of policies just for you. To learn more or to find an independent agent or broker, visit driveinsurance.com.
