At Philleo Agency Insurance, we want to shed some light on one of the ways many drivers carry an unnecessary burden when shopping for local car insurance, and that is by purchasing coverage direct from an insurance company. Though it may seem like a winning idea, buying direct can actually end up being a losing hand. Continue reading to learn why an independent agent might be a better option when you are searching for local car insurance.
Buying Direct Takes Time
There is a famous national insurance carrier that claims you can save money on your car insurance in just 15 minutes. The truth of the matter is, you might not save money with that insurer at all. Experts, including the Insurance Information Institute, agree that you should always shop around with multiple insurance companies when purchasing coverage. If you take the time to call each company directly or complete their forms on the Internet, this process could take many hours of your time.
Let an independent insurance agent do the legwork for you. At Philleo Agency Insurance, we shop and compare coverage from multiple Wisconsin insurers and only present you with options from the carriers that can meet your coverage needs and provide an excellent value.
Buying Direct Can Cost You Money
There are much more important things to think about when it comes to car insurance than the price you pay upfront. While rates should play a role in which company you purchase insurance from, consider the coverage you need before getting sucked into a low rate for lesser coverage. Remember, just because someone else claims to have saved hundreds of dollars on car insurance from one carrier, doesn’t mean you will have the same experience.
All insurance carriers are different and have different appetites on various types of risk. Your individual risk profile might be more attractive to one insurer than another, yielding better rates. Work with an independent insurance agent to compare rates from multiple insurers instead of just one.
Buying Direct Could Leave You Underinsured
If you take matters into your own hands and build your policy online, you might find that buying direct costs you in an even bigger way – when you end up with limits that are too low to protect your vehicle, future income, and assets when involved in a car accident. When you name your own price, you are exchanging valuable coverage for more favorable rates. This could leave you financially vulnerable, but unaware of it because you had no agent to steer you in the right direction.
Let an independent insurance agent evaluate your risks and work with you to determine exactly how much coverage you need. Then, work with the agent to compare similar policies from multiple carriers until you find the company that will offer you the most competitive prices on the right amount of coverage.
Spend 15-Minutes with Us
If you have been buying your car insurance direct from the insurer, it’s time to consider switching to an independent agent. Contact our office here at Philleo Agency Insurance for more information and to find out how we can help you save time and money, and provide you with the peace of mind you deserve.