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Compare cards in one place to find the one for you. Figure out funding for your next car or refinance with confidence. Check out today’s auto loan rates. The Allen Thomas Group . Drive with peace of mind when you compare insurance carriers and find the policy that’s right for you. We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.
Consider a story about someone who was involved in a car accident and turned to their insurance agent for help navigating the claims process. The agent may have helped the client understand what information they needed to gather to file their claim, assisted in securing a rental car while repairs were being made, and even reached out to medical providers with questions about billing. In this way, the agent acted as a trusted advisor throughout the entire process. Of course, not all agents provide identical services - some may specialize in certain areas of insurance or offer more robust coverage than others. It's important for clients to research different agencies and agents and review what specific services they offer before making a decision about which one to work with. With that said, let's now turn our attention to how clients can go about identifying their insurance needs so that they can make informed decisions when selecting an agency or agent.
Here are some tips for finding the right insurance agency for your needs: 1. Research and compare: Do your homework on different insurance agencies and their policies. Compare coverage options, prices, and customer reviews to find the best fit for you. 2. Check their credentials: Look for an agency that has proper licensing and credentials. This gives you peace of mind knowing that you are working with professionals who are qualified to provide you with the coverage you need. 3. Customer service: Choose an agency that offers excellent customer service. You want to work with someone who is responsive, helpful, and knowledgeable. Good customer service ensures that your questions get answered promptly and accurately. 4. Financial stability: It's important to choose an insurance agency that has financial stability. This means they have a strong rating from independent rating agencies like A.M Best or Standard & Poor's, indicating their ability to pay out claims if needed. 5. Personalized approach: Find an agency that offers customized solutions based on your specific needs. What works for one person may not work for another, so it's important to work with someone who takes the time to understand your unique situation.

Renters Insurance

One of the major benefits of working with independent agents includes getting many quick quotes from multiple insurance carriers. If someone is shopping for insurance, independent agents are a great place to start checking out policies because they can check several different companies’ rates all at once. The more companies checked equals the greater chance of finding the best rate for you and your family. The time-saving factor is huge because a prospective policyholder only has to provide their information one time. Independent agents and insurance brokerage companies both take the sales approach of representing the customer first and offering a variety of products from different insurers; however, insurance brokerage companies are typically larger than independent insurance agencies. Additionally, brokerage companies may be either independent or captive. Independent brokerages are not affiliated with any insurance companies, and they are able to recommend and sell clients any product that is in their best interest.

All insurance agencies also have a fiduciary responsibility towards their clients to act in their best interests. To help simplify the process, many insurance agencies employ licensed agents who work on behalf of the client to negotiate rates, set up payment schedules, handle claims filing, and answer any questions or concerns. These agents are responsible for providing clients with clear information about policy features, benefits, exclusions and answering any question they may have about their insurance policy. An important feature of most good insurance agencies is their ability to assess risk accurately. This means analyzing various perils that could potentially occur and making predictions based on statistics and data available. The agency will then be able to recommend the right level of protection based on these assessments. For example, if you're purchasing home insurance in a flood-prone area, your insurance agent would likely recommend flood insurance coverage as it might not be included in your standard homeowner's policy.

Customers can often apply for coverage online in a quick and easy process, thereby eliminating the need to meet with an agent in person. Finally, there are insurance brokers who act as intermediaries between policyholders and insurers. Brokers work for the policyholder to find coverage that matches their unique needs by comparing policies offered by various carriers. With different factors impacting individuals' choice of a policy; hence finding an agency that specializes in your area of interest is essential. For example, any homeowner seeking flood insurance should look for agencies offering flood-specific coverage options. Your primary goal when choosing an agency should be finding reliable advice without being required to pay upfront or tied down to purchase a particular product.

Agents represent multiple carriers and can provide you with quotes from different providers, giving you the best possible chance of finding affordable coverage that meets your needs. According to a survey conducted by JD Power, customers who worked with agents were found to be more satisfied with their overall experience than those who purchased insurance online (JD Power Auto Insurance Study). In conclusion, while purchasing insurance online may seem like a quick and easy option, working with an insurance agency provides many benefits that cannot be matched. Personalized service, expert advice, and the ability to compare multiple options make it an excellent choice for anyone looking for quality coverage.

Agency Insurance

Similarly, someone who works in a high-risk profession like construction or law enforcement may need a policy with more comprehensive liability coverage than the average driver or homeowner. It's also worth noting that there are other factors besides simply "what you own" that can impact the type of insurance coverage you need. For instance, someone who has significant savings or investments may be more inclined to opt for a higher deductible on their policy since they have money set aside to cover unexpected expenses. On the other hand, someone with less financial flexibility may prefer a lower deductible so that they're not faced with an unmanageable bill in the event of an accident or incident.

The higher the perceived risk, the higher the premium. For example, car insurance premiums are generally based on factors such as age, driving record, and the make and model of the insured vehicle. Health insurance rates can be influenced by factors such as age, pre-existing conditions, and lifestyle habits. According to a report by Insurance Journal in 2020, statistics show that the average cost of auto insurance in the United States is around $1,004 per year. However, this can vary greatly depending on a number of factors including location and age. Furthermore, health insurance premiums averaged $456 per month for an individual in 2019 according to eHealth. It's important to note that insurance agencies may also take into account external factors such as market trends and economic conditions when setting rates. Ultimately, it's up to each particular agency to determine how they set their rates but understanding how they do so can help individuals find the right policy for their needs while saving money in the long run.

Independent Insurance Agency Near Me: Your Trusted Local Partner Wondering, "Is there an independent insurance agency near me that truly cares about my needs?" Look no further than The Allen Thomas Group. While our reach extends nationally, we maintain our local roots in Akron, Ohio. This means you get the personalized service of a local agency with the extensive resources and expertise of a national one. Our local presence allows us to understand the unique challenges and opportunities that Akron and the surrounding communities face.

Health insurance is especially important, considering unexpected health complications or accidents that can result in catastrophic medical bills. Choosing an insurance policy is like building a house; a good foundation is key for its durability. Likewise, selecting the right type of insurance policy is essential for financial stability and long-term security. Now that we've covered the different types of insurance policies and coverages available, let's delve into the financial considerations involved in selecting an insurance agency. While selecting an insurance agency isn't solely about finances, understanding the fees and premiums associated with different policies is critical in ensuring that you're making a sound investment decision.

Ohio Insurance Agency

As with any business venture, when starting an independent agency you will require enough funds up front to keep going until eventually it turns a profit or breaks even with its initial investment. This may take many months - sometimes several - before profits start flowing or your initial investment has paid back its cost. Calculate how much money is necessary for you to cover both living expenses and running an agency. Joining an insurance trade association will help you understand what steps are required, providing resources that will allow you to launch from shore. Not just knowledge in insurance matters! Learn about the available insurance technology solutions to assist in meeting your insurance needs.

Firstly, insurance agencies provide consultation services to help clients understand their coverage options, premiums, and deductibles. This could be done in person or through various digital channels such as webinars or chatbots. By providing professional advice from licenced experts, it can save clients from potential issues related to insurance policies. Secondly, insurance agencies conduct a thorough risk assessment of their clients' homes, automobiles, businesses, or other assets requiring insurance coverage. It is a crucial part of the process as it helps evaluate the potential risks and prepares for possible losses. Thirdly, they help clients choose the right policies that fit their unique needs and budget. Their role is to ensure that clients make informed decisions about which type of policy will suit them most. With so many insurance policy options available, selecting an adequate one is imperative. Fourthly, an Insurance agency also manages claims processing when unfortunate events occur like thefts and accidents.

Allen Thomas Group offers quote, bind and issue services at point of sale with automatic underwriter referral if necessary. Independent insurance agents rely on us for access to top-rated markets, product training, sales and marketing support - plus no-fee programs! Home equity refers to any portion of your home you have paid off and could use this as leverage towards meeting other financial goals. Life insurance needn't be complicated: find peace of mind by selecting the appropriate policy. Increase business with rewards and perks tailored specifically to you; compare cards in one convenient place until you find the one that best fits; fund or refinance your next car purchase or refinancing with confidence!

Travel Agency Insurance

Joining an insurance trade association will help you understand the necessary steps and provide the resources for you to push off from shore. And it's not just about insurance knowledge. You'll want to learn about the insurance technology solutions available to help you. Most insurance carriers pay commissions based on when the premiums are paid by the customer. Businesses and personal lines customers sometimes pay monthly, quarterly, semi-annual or annually. The agency's commission will follow the schedule that the customer pays. Since premium payments will vary based on the customer's schedule, it can be challenging to budget monthly commission revenue for a startup agency. The good news is that the property/casualty insurance commissions will continue as long as the customer renews their coverage.

Are You Searching for a Career or simply need to gain more information on The Allen Thomas Group? Find all of the resources here that you'll need, from answers to insurance queries to current trends analysis and tools for navigating life successfully in our resource center. We offer insurance via phone, online and independent agents; prices depend on how you purchase. Policy prices sold through agents and brokers are readily available from them. As we are an independent insurance agent, we can select the ideal policy from among those we represent.

Find an insurance agent near you and tell them a bit about yourself. They'll handle the rest. The whole experience starts with a simple conversation. Your independent insurance agent gets to know you and then recommends the right coverage for your needs. If there's an accident, you'll find comfort in those little touches The Allen Thomas Group provides, like guaranteed repairs,* accident forgiveness, and a simplified repair process.

Property Insurance

Building relationships with independent insurance agents allows you to establish trusting relationships regardless of which insurance policy provider you select for yourself or your family. Independent insurance agents may be more committed to maintaining your business by answering any queries about rates, coverages or claims as well as filing them on your behalf. This could involve anything from providing personalized customer service through answering questions about coverages to filing claims on your behalf. If there's an issue with your coverage, reaching out to an independent agent for help can be invaluable.

Is The Allen Thomas Group only available in Akron, Ohio, or can I access your services from other states? While our roots are in Akron, Ohio, our services are available across the United States. No matter where you're located, you can benefit from our expertise and commitment to exceptional service. Conclusion: Your Journey to Peace of Mind Begins Here The path to financial security and peace of mind often starts with a simple choice – the choice of a trusted insurance agency. The Allen Thomas Group, an independent insurance agency based in Akron, Ohio, stands as your unwavering partner in this journey. With us, you're not just another client; you're family.

Understand which types of licenses you'll need to operate your independent agency before you get too far in the planning process. Without the proper licenses, your agency might not be able to sell insurance to families or business clients. Initially, most of your time will be spent on finding new customers. Over time, be sure your firm can service its existing customers. In the insurance industry, holding onto customers is known as “retention." Successful insurance agencies have a retention rate of 90% or more. For property/casualty insurance agencies, retention is a meaningful goal because the commissions are recurring. Of course, new sales are important to allow the agency to flourish.

Successful insurance agencies usually boast retention rates of at least 90%; property/casualty agencies view retention as particularly relevant since commissions are recurring payments. New sales are essential to an agency's growth, yet successful independent insurance agencies strive for an ideal balance of retention and new sales. Independent agents usually earn between 10% to 12% commission per policy they sell. An agent selling one car policy with an annual premium of $1,000 would typically receive $100-$120 annually as commission.

Do you pay less for car insurance if you pay monthly or annually?

Paying your auto insurance premiums annually instead of monthly is generally the most cost-effective option. If you pay in monthly installments, providers incur processing fees. These costs are then added to your monthly payment. Insurers offer discounts if you pay your premiums in full. This helps them keep their costs low.

Why do I require a local agent for insurance?

Local insurance agencies like The Allen Thomas Group know the area best. Local insurance agencies have the necessary experience to provide you with advice on local issues that may affect your insurance needs. Insurance laws and regulations can also vary from one state to another.

What causes a car to be more expensive to cover?

The car that you drive is an important factor when it comes to the cost of insurance. The cost of repairs, the engine size, and the safety record of your car are all factors to consider. Automobiles that have high-quality safety equipment may qualify for premium discounts.

Do you recommend using a local agent for insurance?

A local agent is a valuable asset when it comes to insurance. Local agents can provide individualized advice, assist you in navigating complicated insurance policies and give you peace of mind knowing that you or your business are adequately covered in case of accident or disaster.

Do you think it's better to use a local agent for insurance?

Local agents get to know their clients and can learn about changes they have experienced over the years. They offer advice, and they learn which companies provided satisfactory service to you in the past. Local insurance agents also have knowledge of specific risks in the area.

What is the role of an insurance company?

Insurance agencies, also known as insurance agents, are individuals or companies authorized by an insurer to sell their products for compensation. The laws in the state where they work regulate agents.

How can you save money on auto insurance?

Compare car insurance quotes. Compare insurance rates before buying a vehicle. Raise your deductible. Reduce the optional insurance for your older vehicle. Bundle insurance or stick with one company. Keep a clean credit record. Benefit from low-mileage discounts. Ask about group insurance.