Questions To Ask Your Insurance Agent – When it comes to selecting your insurance agent, there are a few questions you should ask them. This is your financial future you will be discussing with this individual, so I feel it is only fair for you to know more about them and their business. They will be all up in your business.
Don’t be shy when it comes to asking your insurance agent a few questions. They are not better than you and won’t be agitated with the questions. If they are, then you need to take that as a warning sign and find someone else that is willing to open up and discuss with you.
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Questions To Ask Your Insurance Agent
Questions To Ask Your Insurance Agent
I have found most insurance agents very open, friendly, and willing to answer any question I asked of them. This is just good business and standard practice in the industry. And as I said earlier, if they don’t answer the questions freely and honestly, then take your time to find someone else who will.
Let’s jump into this list of questions you need to ask your insurance agent before you sign up to do business with them.
How Accessible Are you? – This is a very important question to ask any service provider. You need to know if you have a question will they be able to respond to you within a day or so. If not, this might be a problem as insurance is serious business, so it would be best to have an agent that is accessible.
How Often Will We Talk? – You should listen for a response of every few weeks in the beginning. As things settle down and your insurance is under control, then you have scheduled visits about 3 to 4 times per year or as needed. Sometimes you want to sit down and just get a tune up of your situation, so you want to make sure your agent is going to be there for you every step of the way.
Can You Explain These Insurance Terms in “Regular People Terms”? – The insurance business has a life of its own, just like the world of finance. Since the two are closely related, most people cannot understand the jargon and lingo. It is best to have an agent you can relate to that will be able to help you digest and understand all of this information they will be throwing at you.
What Companies Do You Represent? – Get a good feel for the companies the insurance agent represents. This is important because it will allow you to research their rates and get an opportunity to understand what you will be paying. Better yet, it will give you an opportunity to compare rates to ensure you are getting the best deal. You need to work with someone you can trust, but you should still be doing your own due diligence as well.
What Other Services Do You Provide? – Don’t be afraid throw this question out there in front of your insurance agent. Sometimes they work a variety of jobs and provide a number of services that may benefit you and your family. This could range from financial planning, setting up a college savings fund, or even stock market investing. You never know until you ask, so break out the questions.
You should be comfortable with your insurance agent. They will be a major part of your financial future moving forward. If you are not able to ask them basic questions now, then you need to find someone that you are comfortable enough with to do so. It is your future, grab the horns and take control. - Questions To Ask Your Insurance Agent
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