What distinguishes an independent agent from other types of agents?

An independent agent is characterized by the ability to represent multiple insurance companies. This distinction is significant because it allows independent agents to offer their clients a broader range of options when selecting insurance coverage. By working with various insurers, independent agents can compare policies and rates, ultimately providing clients with the best solutions that meet their individual needs. This flexibility benefits clients who may be looking for specific coverage types or price points, enhancing their overall experience and satisfaction.

While other types of agents, such as captive or exclusive agents, typically represent a single insurance company and are limited to that insurer's policies, independent agents maintain the autonomy to work with multiple carriers. This expansive access not only diversifies the options available to clients but also fosters a competitive environment within the insurance market, which can lead to better pricing and coverage options for consumers.