Why Work With An Independent Insurance Advisor

Why Work With An Independent Insurance Advisor

March 22, 2023

What is the difference between an insurance broker and agent…and a real advisor? An advisor will become your partner and take a vested interest in your family’s well-being and your business’s success and security. And that’s how we do business at TruView. So, let’s explore all of these concepts, so that you can truly understand what you and your business need.

Why You Need An Insurance Advisor

Having an insurance advisor is essential to helping you make informed decisions about protecting your financial future. Insurance advisors are highly knowledgeable about the different types of coverage available, and can help you identify the coverage that best meets your current needs. With the expertise and understanding of the industry, an insurance advisor can provide valuable insight into the risks involved in various policies and how these risks affect you. We can also recommend additional coverage options or policy revisions that will further protect you and your family from unanticipated expenses. 

What Would Be An Advantage To Working With An Insurance Broker?

Working with an insurance broker can provide numerous advantages, especially for those who do not have experience or knowledge of the industry. We have the expertise to help you find the best coverage that meets your specific needs and budget. We are also able to compare and contrast policies from different companies quickly, saving you time and money. We collaborate with a wide range of carriers which allows us to negotiate lower premiums for our clients. Additionally, we will handle any claim queries or paperwork on your behalf in order to ensure a smooth, stress-free process. 

What Does An Advisor Do In Insurance?

An insurance advisor assists clients by providing advice on the best policies and coverage options available. This includes the following:

  • Provide advice on the best policies and coverage options available
  • Examine clients’ needs and preferences to provide tailored solutions
  • Review existing policies to suggest revisions or additional coverage
  • File out paperwork, complete claim forms
  • Handle queries and disputes that may arise

How Is The Role Of An Insurance Broker Different From That Of An Insurance Agent?

An insurance broker acts as an independent representative who works with multiple insurers to find the best policy for a client. Conversely, an insurance agent typically specializes in one specific insurer and only sells their products. Insurance brokers have access to a greater variety of options, which enables them to provide more comprehensive advice. Additionally, brokers are more likely to pay more attention to the individual needs of clients while agents may focus on up-selling particular products.  If that isn’t confusing enough, an independent insurance agent is the same thing as an insurance broker.

And Finally: The Trusted Insurance Advisor

We’ve spent some time here spelling out the difference between insurance brokers and agents, explaining all the benefits of working with a broker. But TruView Insurance Advisors, we take this to the next level by becoming a trusted advisor for you and your business when it comes to insurance. We spend time getting to know your situation. You could describe the difference as caring. We care about your bottom line, your family’s security, and more. We put our hearts into our clients’ protections. We are advisors, just like a CPA or an attorney or a good friend. That is the TruView way.

Give us all call today to start working with an Advisor who cares.