I was in the grocery store the other night shopping with my wife. We are trying to eat healthier so she carefully checked the labels of several loaves of bread prior to making a final selection. Looking around at other people doing the same thing in the store it dawned on me than many people spend more time making food decisions than they do protecting their families and financial assets.
Food vs Insurance
Don’t get me wrong, I realize that eating right is important and that insurance isn’t always an exciting topic. But it is important. Buying insurance isn’t like buying bread or milk. Insurance removes the tensions and fears that can prey upon the human mind regarding future uncertainty. What happens if we injure someone in a car accident, our home is damaged by fire or one of our children needs to go to the hospital for surgery? By having insurance in place to compensate us for losses that may arise from various risks, we can have peace of mind and live a happier and more productive life.
So why wouldn’t you spend some time finding an insurance agent that can provide peace of mind and help you sleep better at night? Whether you’re looking for your first agent or thinking about switching agents of companies, it’s a good idea to think through that process. Some people think it doesn’t really matter where they buy their insurance. But this misconception could be costing them money, service and protection. Let me share some quick thoughts to look at when picking an agent:
- Personality – Have conversations with prospective agents. Explain your situation and get a feel for how they work and if you’re comfortable with them.
- Credentials – Many agents and brokers will have letters behind their names on their business cards. These represent designations or credentials they have earned by completing additional study. Ask them what these letters mean and what they had to accomplish to earn the credential.
- References – When you are applying for a job, you provide references, so don’t be afraid to ask a prospective agent for the same.
- Ask Questions – If you’ve ever had problems with your insurance program, ask the agent how they and the company they represent would have dealt with the situation.
It is the agent’s job to act as part of your financial team-like your attorney or accountant –to provide professional advice and to help protect your current and future assets. So spend the time to carefully consider your options and make an informed decision.