What is the difference between independent and captive insurance agents?

The difference between an independent and captive insurance agent is the way they provide insurance to customers in Idaho. Independent agents work with multiple insurance companies and are able to shop around for the best coverage and prices for their clients. As independent agents, they have the ability to customize a policy to meet the needs of their clients. On the other hand, captive insurance agents typically work with only one insurance company. This makes it difficult for them to provide the variety of coverage options that other agents can. Additionally, captive agents often push their customers to purchase the products from their own company, since they are not able to offer competitive rates for policies from different companies. In conclusion, independent and captive insurance agents in Idaho both serve the purpose of connecting customers to the best coverage and policy for their needs. However, independent agents are able to provide their customers more options and better rates than captive agents, since they are able to shop around for their customers.

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