If you’re looking to buy an insurance plan, you can often just get in touch with the insurance company. Many people assume that this is the only way to do it, or at least the best way.
But is it? Alternatively, you can work with an insurance broker, also known as an insurance agent, to buy the policy that you need. This is why a lot of people turn to us at Frisco Insurance. We focus on helping people find the best coverage possible, and we believe that the only way to do this is to partner with a top insurance broker Frisco has to offer.
If you’ve never done this before, you may have a lot of questions about this process. Is it going to be faster? Is it going to be cheaper? Are you going to get better coverage than you would otherwise? Are there any other advantages? We know how important it is for you to find answers to these questions, so we would be happy to help.
How the insurance agent system works
If you work with an insurance agent or broker, you may be able to save money and time. The first reason for this is simply that the insurance broker understands the types of coverage that people need and how the whole system works together. They know what policies are going to be beneficial for you and what are offered by different insurance companies. This insider knowledge can make everything go faster and can help you save money while still allowing you to get the coverage that you need.
Remember that insurance brokers and insurance agencies, such as our agency, are a bit different. Some insurance brokers charge a fee for their services. Even if you have to pay a fee, you can still save money, which may balance it out. But we do not charge a fee for our services, so you can save even more if you go with us.
One way you can save money is simply by ensuring that you get the right type of coverage. Many people who call the insurance company directly wind up buying policies that aren’t necessary or paying more for coverage that they don’t even realize they’re buying. In some cases, they also overlook the type of coverage that they need – which can have a negative financial impact. One common example of this is people who conflate comprehensive car insurance with collision insurance. You don’t want to find out that you’re not actually covered after an accident occurs.
Bundling policies together
On top of making sure that you have the right coverage, your insurance broker can work with you to find lower prices by bundling different policies. Perhaps you need car insurance for a new vehicle, you want to update the insurance on your house and you’re looking to buy a life insurance policy. By bundling all these together, you may get a lower rate on the total package than if you bought each one individually.
Working with an insurance agent also helps you consider different types of coverage you may not have thought about before. Maybe you’re a business owner and you’re not sure exactly what type of coverage you need on a commercial property. Perhaps you live in an area where severe weather is common or you’re worried about floods, and so you want to look into things like flood insurance – which generally are not included under standard homeowner’s insurance policies.
Getting insurance from different providers
A third way that a broker or agent can help you save money is by looking at policies from different insurance companies. If you simply call one of the major companies, they’re going to tell you what policies they offer and you’re going to buy everything directly from them. If you work with an insurance agent, they can shop around to find the best policies that give you the right type of coverage and stay within your budget, even if they’re from different providers. This is also why it helps to have an independent agent, because you know they’re going to look at all of the options.
Setting up your plan
At Frisco Insurance, we’re dedicated to supporting you in any way that we can. We can help you explore your options, consider your budget, think about all of your insurance needs and build the right package that gives you the coverage you’re looking for. We do this with auto insurance, home insurance, life insurance, boat and ATV insurance, property insurance and much more.
If you want to find the best insurance broker Frisco has to offer and you want to create an insurance policy that works perfectly for you, please do not hesitate to contact us today.