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An insurance agent is a professional, person or entity connected to an insurer under a contract of insurance agency. When quoting insurance with several companies, it is not uncommon to find very significant differences in prices.

This means we can easily fall into the worst-case scenario: high prices and poor service.

Traditionally, much of the insurance products are sold through insurance agents or brokers working on commission.

Due to the structure of these commissions, and this sales force sometimes works exclusively for certain companies, search and find suitable alternative policies that really fit our needs is a relatively difficult task.

However, in this space will not fall into the trap of suggesting to our readers who purchase insurance without intermediaries.

The secret is to know how to choose the one that really gives us an added value: a real advice without having at hand a dictionary of insurance.

“Intermediaries – Banks: The products sold at a branch are cost-competitive but not cheap.

Offered by ATM or executives who have no knowledge of insurance or about our needs.

Are unable to explain the characteristics of a policy or details of the risks covered or excluded

These officers earn a commission on their sales, as well as the institution (the bank) that “lends” its branch network to market.

The main advantage offered by banks is to pay premiums with automatic charge to checking account or credit card as well as the issuance of the policy immediately in the branch (only in certain institutions).

However, existing insurance companies in Mexico that offer similar facilities (automatic charge to any account or credit card, including the remote and immediate issuance of the policy) through its sales force, with the added value of advice from agents insurance.

“Internet sites” specialized “There are companies that engage in insurance sales, and seek to exploit the Internet as a cheap platform.

At these sites, nor can we find professional advisors to help us to analyze our needs and to guide us.

However, they offer an additional advantage over banks, many of them can be made regarding comparative costs with other insurers.

It is important to note, however, that not all products are equal and that a comparison based almost solely on price, has little practical value.

The entry of these Web sites is determined by a commission on every policy sold, plus revenue from advertising.

“The professional insurance agents: These are individuals or entities that are authorized by the National Insurance and Surety (CNSF) to carry out advisory work and trading in life insurance and other insurance.

Its main function is to hear the concerns and the concerns of its customers, based on this, recommend schemes appropriate coverage for the best home insurance and other insurance according to their needs.

Should be able to understand and explain all clauses in the contracts, to charge premiums on a timely basis (exclusively by receipts issued by insurance companies), and representing and advising on all claims procedures.

Agents’ incomes are determined by the commissions they pay insurance for each policy issued, plus bonus linked to turnover and accidents of its portfolio, and the preservation and growth of the same.

It is therefore important that they establish and maintain long term relationships with customers, keeping up to date, answering all questions of home insurance and other insurance and ensuring the quality of service they offer.

As we can see, the added value is always obtained through a good insurance agent, so it’s crucial to know to choose one that is right for us.