How to Become A Right Independent Insurance Agent: Advantages and Disadvantages

Agency Height
3 min readOct 7, 2020

How to become a right independent insurance agent is always a good question, especially when you are very dedicated to your field. For this, you might want to be aware of the advantages and disadvantages you get after becoming one.

Here are some of the advantages of an independent insurance agent:

  1. Satisfying clients

One of the primary jobs for independent insurance agents is to satisfy their clients. And it is also a significant advantage for agents because it is guaranteed. Why so? Because independent insurance agents have the power to give their clients the best insurance policies.

As clients tell you about all their requirements and their level of affordability, you can find the best suitable product for them. After giving them the right product and service, they get satisfied. It doesn’t matter what they are seeking. But as you can find the best fit for them, client satisfaction is evident.

2. You do not work under anybody

Becoming an independent insurance agent is also a free way of doing a job on your own. No one can order you but your clients. You do not work under anybody, and you have the flexibility that captive agents do not have.

You can manage your schedule and work as per your timing. Although you have to be available for your clients all the time, it is not the typical 9 to 5 job.

Here are some disadvantages and learn how to become an independent insurance agent after knowing them:

1. Staying updated with regulations

A difficult task for independent insurance agents is to always know about the updated regulations. The status quo is directly also affecting the rules of the insurance industry. The laws and legislations are something that independent insurance agents need to keep up. It can be challenging as well because there are different regulations in different states of the country.

Moreover, there are also multiple insurance carriers that independent insurance agents work with, and they might have different regulations.

2. Less support from insurance companies

As independent insurance agents, you are less likely to receive support from the insurance companies. Independent insurance agents are not under anybody, and they need to present many insurance carriers all by themselves. In this case, there is not any insurance carrier that will help you do your job. Everything is on your own. From finding the best policy to knowing what services are customizable, it is all on you. You cannot expect insurance carriers to come to you and make your job easy. There are many things you need to be aware of and give it to the clients on time.

To become a right independent insurance agent, you need to make sure that your work is to make the customers happy with your services. For this, you need to understand about their issues and be updated with the latest rules to serve properly. If you don’t it will serve as a disadvantage.



Agency Height

Agency Height is an insurance blog that offers insurance agents content about the insights and queries of the industry to make their work more efficient.