Why using an Insurance Agent is smart…

I recently had a client, let’s call him Rob, come to me upset because 2 years ago, he bought an insurance policy online without the help of an insurance agent. For the price, he thought he couldn’t beat it. What he didn’t realize until it was too late was that he actually bought a ACV policy.

ACV stands for Actual Cash Value. This means that if you have a claim, for example a roof due to hail damage, the Home Insurance carrier is only going to pay for the cash value of the roof minus depreciation. What you want is RCV which stands for Replacement cost value. In this case, the insurance carrier is going to pay the full replacement cost of the roof minus your deductible.

Based on this experience, Rob swore to never buy again without an Insurance Agent and here is why. He stated that he wants:

1. A person to call and not a call center
2. Someone to explain to him what he’s buying
3. Someone to help him avoid mistakes

Using an Independent Agency provides these benefits and more but here’s the real beauty, IT’S FREE!!! That is right, it does not cost you a thing to work with an Agent versus buying insurance online. The carrier’s pay agents commission to sell their products and these costs are already worked into the state regulated price provided by insurance carrier so there is no difference in price.

We at Lifelong Insurance Agency are committed to providing our clients the best advice and customer service in the industry. Give us a call today to see what you deserve.