When searching for home and auto insurance, a consumer has many options as to who to do business with. Television commercials and online advertisements abound in today’s society. Everyone needs insurance, and insurance companies are battling for clients.
In the world of insurance agents, there are two types of agents: captive agents and independent agents.
An insurance agent that is captive represents one company and independent agents represent multiple companies. The largest and most well-known insurance companies (All State, Farmers, American Family) go only through their own “captive” agents. Other well known but less known insurance companies (Met Life, Travelers, Hartford, Progressive, etc) go through independent insurance agents. Read the rest of this entry »