Insurance Agency Singapore | Commercial Insurance and Personal Insurance

  • Products
    • Commercial Insurance
      • Work Injury Compensation
      • Public Liability
      • Foreign Worker Medical
      • Foreign Worker Bond
      • Fire/Burglary Insurance
    • Personal Insurance
      • Motor Insurance
      • Travel Insurance
      • Home Insurance
      • Personal Accident
      • Domestic Maid Insurance
  • Support
  • Contact Us
  • Blog
  • About Us

Do I Need an Insurance Agent?

24 April 2015 By Digital Curator Leave a Comment

bloomsburys Customer Care Agents nehmen die Bestellungen auf

Image via Flickr user bloomsburys

It used to be, the only way to purchase car insurance was through an agent. Now with the digital age in full swing another option is available. Purchasing car insurance directly through the internet is becoming more and more popular, which raises the question do I need an insurance agent?

Start by knowing all the methods to purchase car insurance. Then weigh the benefits of each one. Finally, go with your gut feeling. Car insurance is very important and you want to make sure the coverage is made clear at the time of purchase.

Three Sources of Car Insurance

  1. Captive AgentA captive agent is an agent that sells one primary insurance carrier. These agents are not sole proprietors. They work directly for the insurance company.
  2. Independent AgentAn independent agent is an agent that sells insurance through multiple carriers. While an independent agent may sell primarily for one carrier, they still have the ability to place business with other carriers if it benefits the client.
  3. Direct OnlineBuying direct means no agent is involved in the insurance process. The client does most of the work by imputing all the pertinent information online.

Benefits of Having an Agent

  • Personalized ServicePersonalized service is something a lot of people still look for in the insurance industry.
  • Knowing Your AreaHaving a local agent that knows your area is also a benefit. An agent can relate to you and where you live.
  • Cash PaymentsCash is becoming scarce, but for the people who don’t want to give it up, most agencies still accept cash payments.
  • Multi-policy DiscountA big perk for having all your insurance with an agent is the multi-policy discount.

Benefits of Buying Direct

  • Fast Online ConvenienceBuying car insurance direct is super fast and convenient. Any time day or night, you can go online and run your own quote.
  • Potential SavingsIt is possible to get a lower rate when purchasing car insurance direct.

Insurance agents are no longer mandatory with today’s technology. It is more of a personal preference in how you like to do business whether you need an agent or not.

by Emily Delbridge

See Full Story on carinsurance.about.com

Share this:

  • Facebook
  • Twitter
  • LinkedIn

Filed Under: Industry Tagged With: insurance agency, insurance agent, need an insurance agent

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Categories

  • Domestic Maids
  • Golf
  • Happenings
  • Health
  • Homepage
  • Industry
  • Interesting Stuff
  • Products
  • Tips
  • Uncategorized

Contact Us

  • 1 Soon Lee Street #02-43, Pioneer Center, Singapore 627605
  • Tel: 68978226
  • Fax 68978086
  • Business Hours:
  • Mon – Fri: 8am – 6pm

Our Location

At the west side of Singapore, our office sits on the second floor of the building.

1 Soon Lee Street
#02-43, Pioneer Center
Singapore 627605

Our Products

  • Fire/Burglary Insurance
  • Foreign Worker Bond
  • Foreign Worker Medical
  • Public Liability
  • Work Injury Compensation
  • Domestic Maid Insurance
  • Home Insurance
  • Motor Insurance
  • Personal Accident
  • Travel Insurance

Find Out More

We would love to hear your insurance needs. Tell us all about it by filling up our contact form.

If not, give us a call at +65 6897 8226
or email us at enquiry@credence.agency

Copyright © 2023 | Credence Agency