When purchasing an individual health policy, which type of insurance agent (exclusive or independent agents) is the best pick?

Free Insurance Quote Comparison

 Secured with SHA-256 Encryption

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Full Bio →

Written by

UPDATED: May 10, 2010

Advertiser Disclosure

It’s all about you. We want to help you make the right legal decisions.

We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.

Insurance Question from Jacksonville, FL

Asked on 05/10/2010

When purchasing an individual health policy, which type of insurance agent (exclusive or independent agents) is the best pick? NULL

Answer given on May 18, 2010

That’s more of a personal question.  An exclusive agent, since he or she only represents one company, should know most of the underwriting criteria for the insurance company they represent.  Plus, the agent will be able to offer your discounts for writing more lines of business (like home, auto, life, etc) with that same company.  However, that agent may not be able to provide you with the best value for your money.  If the name of the company behind the agent is more important to you than the cost, and if putting all of your business with the same company for the long term is what you’re looking for, go with the exclusive agent.

The independent agent represents several different insurance companies, but may not know specifically which company offers the best plan for you.  Since he or she represents so many companies, they may not be aware of the nuanes of each company, and which offers the better policy based on your medical history.  But, this agent will have more options for you to choose from. If shopping around and the better value for your money is more important than long term discounts, for example, is more important, then seek out an independent agent.

You also need to be careful with the independent agent.  Are they steering you to a specific company because the commissions are higher?  Hopefully not.  I like to think that there are tons more honest agents out there, but it is something to keep in the back of your mind.


IMPORTANT NOTICE: These answers are for general information purposes only and are provided by the person answering and FreeAdvice.com AS IS. It has not necessarily been reviewed by the management staff of FreeAdvice.com nor is it binding any insurance agent, broker, or other insurance professional or any attorney or insurance company. Insurance laws, regulations and practices vary from state to state and insurance policies and practices differ from company to company, by type of policy, by state and locality and by type of insurance. Tiny variations in the facts, policy language or a detail not set forth in a question often can change the outcome or a professional's conclusion. Although FreeAdvice.com has confirmed that the answer(s) was/were provided for the account of an experienced insurance professional, that professional may not be licensed in the state referred to in the question, and may not be experienced or up to date in the subject area. Unlike the answers provided here, upon which you should NOT rely, for personal advice you can rely upon we suggest you consult a licensed insurance professional in your area or retain a licensed attorney listed on AttorneyPages.com to represent you.

Free Insurance Quote Comparison

Enter your ZIP code below to compare cheap insurance rates.

 Secured with SHA-256 Encryption