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“You’re fired.” Those words are devastating to hear and, for many, are just as difficult to say. If the thought of having to fire someone gives you anxiety, you’re not alone. But when it comes to the insurance you’re paying hard-earned money for, you should make sure your insurance agent is delivering what you need.
And if they aren’t, it’s time to say goodbye.
Your insurance agent is the first line of defense to make sure that you get the right insurance at the best price. So when it comes to your agent, you shouldn’t settle for bare-bones service.
At a minimum, your insurance agent should find policies that suit your needs and actively negotiates prices on your behalf. And while price certainly matters, getting comprehensive coverage tailored to your situation matters even more.
An excellent insurance agent will have the experience and knowledge needed to assess all areas of risk within your company and counter them with the right policy. When an agent doesn’t understand the variables of your business, it makes it difficult, if not impossible, for them to see where you’re vulnerable.
When you go with the wrong agent who sets you up with the wrong policy, you’re left open to devastating losses. For instance, if you don’t have the right flood insurance coverage, one storm could bankrupt your business. Ultimately, your insurance agent not only saves you money upfront on your policy—he or she also sets up the framework for your company to save money when any losses do arise.
Unfortunately, knowing the risks of working with a less-than-stellar insurance agent is different than being able to assess the one you’re working with. So how can you know if it’s time to move on? Let’s take a look at some of the tell-tale signs:
Finally, and this should go without saying, but if at any time you suspect your agent is lying to you, misrepresenting themselves, or withholding information to deceive you, it’s time to fire them and possibly report them to the governing agency in your state.
If you’re seeing the signs that your insurance agent is not properly serving you, now is the time to take steps to sever the relationship. Insurance is a high-stakes business, and you need to be confident that the people and policies helping you offer the protection you need.
When doing this, it’s important to understand who your agent of record is. Your agent of record is an agent designated by you, the policyholder, to represent and manage your insurance policy; he or she will, for instance, receive all quotes, policies, and notices on your behalf. Your agent of record should be advocating on your behalf and fixing any outstanding issues. If your designated agent isn’t getting this critical job done, then you can fire your agent and move on to a new one.
At Leap | Carpenter | Kemps Insurance Agency, we know that you deserve a knowledgeable insurance agent that’s working on your behalf—and we’ve got just the people to do it. Our experienced insurance agents have guided countless people just like you through the insurance maze. Contact us today for a free consultation.
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Leap | Carpenter | Kemps Insurance Agency provides Commercial Business Insurance, Employee Benefits, Life and Health Insurance, and Personal Insurance to all of California, including Merced, Atwater, Los Banos, Mariposa, Madera, Fresno, Modesto, Turlock, and Stockton.
CA License Number 0646081 | Licensed to do business in California, Arizona, Hawaii, Idaho, Montana, Nevada, North Carolina, Oklahoma, Oregon, Virginia, West Virginia and Washington.
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Merced Office
3187 Collins Drive
Merced, CA 95348
Phone: (209) 384-0727
Additional Contacts
Toll Free: (800) 221-0864
Fax: (209) 384-0401