Auto Insurance Agencies and Brokers
Searching out a local agent or broker is a common way for people to purchase auto liability policies. Consumers who have never purchased a policy before or who are unsure of their options are most likely to seek out an agent who can give advice about different policies, add-ons, and costs. However, insurance agents earn commissions based upon how much they sell, which can result in unethical brokers selling you more coverage than you actually need.
Even without the cost of unneeded extras or add-ons, using a car insurance agent or broker will be more expensive than buying directly from a provider. Rather than wasting money on a consultation and purchase from an agent, it is more cost efficient to research all of your options, local laws, and other information online and then buy a policy from the company that gives you the best quote. If you are unsure about things like minimum liability insurance requirements, contact your local motor vehicle commission, the state agency that tracks car registrations, licenses, and other driving related laws. You can also get details about comprehensive and collision policy requirements from your lender, making sure that your new policy will meet the specifications set out in your lease or loan.
Once you have sorted out what types and values of automobile coverage are needed for your situation, the easiest way to get multiple auto quotes is to use a service like ours. Using one short, simple form, you can receive pricing options from the many companies working in your state, so that you can quickly compare rates and find the best policy with the click of a button.
Then, buy the policy that works for you, direct from your chosen company. Despite taking the time to research your options yourself, obtaining a selection is so quick and easy that it is more efficient than working with a broker. Additionally, you will also avoid steep agents' and brokers' fees, and you won't need to worry that you are getting scammed by a broker trying to increase his or her commission for the year.
Think of agents as middle men, selling their advice and services at an exorbitant rate. Do you want to pay for a service you can do for yourself? Is it worth the risk of being manipulated into buying more coverage than you need? Is the chance to sit down with an agent enough to warrant paying hundreds more on your auto insurance?
Do your research. Use the plethora of information available online to evaluate the different types available, the discounts and deals that can save you money, and then seek out a quote from many reputable carriers all at once. When you eliminate the middle man, do a little leg work, and buy direct, you save!