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5 Reasons to Choose An Independent Insurance Agent in South Dakota

By February 5, 2021February 9th, 2021Business Insurance, Insurance Agency, South Dakota

Big-insurance companies are widely known because they are capable of saturating the media with advertisements about the services they provide. While these insurance companies are reliable, they may not be the best choice for your personal insurance needs. Independent insurance agencies can provide services that are just as reliable, and ultimately have far more to offer than a single company. Read to learn more about choosing an independent insurance agent in South Dakota, and the number of benefits that they offer.

Licensed professional

Independent insurance agents are licensed professionals in South Dakota, which is a major advantage. Being a licensed agent comes with a number of legal obligations that include acting in your best interest and behaving ethically. In the state of South Dakota, like many other states, agents are required to pass a licensing exam in order to sell insurance. These licenses are typically valid for 2 years, and an agent may need to fulfill state continuing education requirements in order to renew their existing license. By contacting your state insurance department, you can confirm that your insurance agent is properly licensed at any time. 

Save money

Independent agents are not tied to one company, which gives them the flexibility to shop around in order to provide you with the best rates. They are also unbiased and have no brand preference, which means you get the opportunity to compare a variety of prices for the same policy. These comparisons can likely result in significant savings. Because of this, you will be able to compound these savings with multi-policy discounts and have the option to purchase insurance that will work together to provide total coverage. 

Multiple insurance carriers gives you more options

Independent agents work with multiple carriers and can offer their clients more options that are better suited to individual needs. Insurance products that are offered from one insurer may have different prices and scope of coverage than another. Having an independent agent will help you compare policies and choose one that is the right fit for you overall.

Keep in mind that independent agents are familiar with the insurers that they represent, and will have a better understanding of what businesses those insurers will accept. This will ultimately save you from a lot of time and effort when it comes to submitting applications that are likely to be rejected. Instead, your independent agent will be able to direct your submissions to insurers that they know will want your business. 

Better customer service

At the end of the day, insurance is a people business. By meeting with an agent in person, you will be forming a relationship with him or her. Over time, your agent will grow more familiar with your business and be able to provide you personalized service. With a variety of products available and personal knowledge of your life and business circumstances, an independent service agent will be capable of offering customized solutions that will work in your favor. In contrast, captive agents only work for one insurance company, meaning they will have that insurance company’s best interest at the front of their minds. 

Independent agents are concerned with the quality of the product being offered, and if it coincides with your budget. Additionally, independent agents will be able to help you understand how a particular product works and the reasons why it may be good for you specifically. 

One-stop shopping

Different types of insurance are needed to meet the overall needs of your lifestyle. When you choose an independent agent, they are able to provide you with one-stop-shopping for all of your unique needs. Instead of going through the trouble of visiting multiple agencies to compare prices and benefits, you will have the luxury of discussing all of your insurance needs with one agent who is working to present you with the best options suited to your needs. Experience is key in this industry. Online shopping will lead to discouraging results when you are new to the process. Independent agents will ultimately save your time by giving instant quotes from multiple companies so that you can make a smart decision quickly. 

Choose a Trusted Independent Insurance Agency in South Dakota

Meyer Insurance promises to protect you from life’s unexpected twists and turns. We understand how important your family, business and possessions are, and have the experience to navigate the unique risks you may face. 

We have two office locations in Watertown, SD, and Webster, SD. Our agents are ready to assist you with all of your insurance needs. If you are interested in learning more about our independent insurance agency, contact us today to speak with one of our professionals. 605.753.5698