Does The Agent Offer Multiple Carriers( Companies)

Category: Finance.

When you are shopping online for insurance, health insurance or any other type of insurance, inquire with the caller to see if he or she is a licensed agent.

If you are suspicious, ask for their license number and their resident state, look them up on the department of insurance website in that state. If they are not a licensed agent( or have to get their manager on the phone) , hang up. You can easily find department of insurance website of your state and they will usually have a link on the main page to look up license number. If you are suspicious of the insurance company( carrier) , call the department of insurance in that state. There you will be able to see witch companies license agent or agency representing and see if there are any complaints that are filed. Ask for the carrier s rating and number of complaints that have been filed with the state.

Make these people earn your trust, you are paying, remember good money to protect you against a catastrophic health event that could ruin you, financially. Remember, if you have submitted your information online, you will get several phone calls. The old adage holds true; "If its sounds too good to be true, it probably is. " After you have verified the agent, here are some questions you can ask about the coverage. Does the agent offer multiple carriers( companies) ? What is the name of the insurance company( carrier) and what is their rating with AM Best? What type of plan is it? (you want clarification) Major Medical, HSA, Hospital Surgical( Health Savings Account) .

What is my maximum out of pocket? Does this plan come with a rate guarantee? Ask the agent their direct phone line, so you can call them back. Have the agent email you a brochure. ** Read the fine print* ** After you received your policy, you have a 10 Day free look( the law in most states) . Then, call them back a day or two later to find out what the status is on your application. Make sure the plan covers exactly what the agent explained.

In most cases you will be talking to employee of the agency. As for buying from Call Centers also knows as large insurance agencies. Working with some one who works for large insurance agency as employee does not mean that that person is going to be there for you in case you might need assistance with billing issues or claims in the future. Due to technology the agent does not have to reside in the state you live to provide you with great service and be there for you in the future. If you are working with licensed agent you will have a direct contact that will assist you with any issues that might arise. I would rather speak with an agent on the phone over having a stranger show up at my home.

The most important factor is quality of coverage, a competitive price and a good customer experience. When it comes down to it, it does not matter where the agent is located. Don t be afraid to ask questions. And remember, insurance is to protect you from a catastrophic event that could ruin you financially. Trust but verify.

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