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Benefits of an Independent Insurance Agent for Your Personal Insurance Needs

TGS

Insurance agencies can be sorted into two categories: captive and independent. A captive agency is tied to one insurance carrier, which means these agents are biased to make money for their specific carrier. On the flip side, an independent agency works fluidly with several insurance carriers.

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Emerging Property Insurance Trends 2024

Property Insurance Centre

To address this issue, carriers now require recent appraisals that reflect the current market conditions. This ensures that insured properties are adequately valued and properly insured, reducing the risk of financial loss in the event of a claim.