Insurance agents often fail to enjoy high levels of trust. However, they do know the laws of the state(s) in which they are licensed. Most of them are also committed to properly protecting the assets of their clients and want to secure a long-term, successful relationship with their insureds. Further, most experienced insurance agents also offer solid advice to their clients concerning appropriate insurance coverage for their specific needs.
As a client, you have certain responsibilities that help your agent offer the best advice for your situation. You must clearly state the coverage you want and can afford. Learning as much as you can about your state laws and regulations help you be a better informed shopper. As a knowledgeable client, you help your agent offer better advice and you will understand the insurance quotes that you prefer.
Should you lack the information you need to understand and compare insurance quotes, your agent cannot offer the best advice. While he/she will not lie to you, even the most experienced insurance agent may not have sufficient information to design the best program for you. Doing your part to communicate data on the assets you want covered and the amount of insurance that makes you comfortable allows you to intelligently compare multiple quotes for identical coverage.
There is no benefit to you or the agent by giving or acting on misinformation. For example, should an agent recommend minimum coverage to save you premium cost, you will not be happy if you suffer a major uncovered loss. Should your agent recommend more coverage, which you specifically reject, you cannot blame the agent for misinforming you. Obviously, the agent did not lie or lead you to insurance coverage that was insufficient or inappropriate for you.
Home insurance coverage is a bit more straightforward than auto insurance plans. It is tempting to save money by buying your state-required minimum auto coverage. However, if you own a home and have other personal assets, your agent may recommend higher coverage amounts to better protect you. Not only is your agent not lying to you, he/she is offering wise advice that you should follow.