Perhaps you own a small business and decide you want to reward your hardworking employees by offering health insurance. Before your insurance agency even looks at your information and runs an insurance quote, they ask for a $100 upfront fee.
Perhaps you had a difficult year and had to make three claims through your auto insurance. Your insurer cannot cover you anymore, but you can’t afford the alternatives. Your insurance broker offers a policy change. However, there is a fee involved and you’ll need to pay in cash or through installments, even though you are struggling to keep your head above water after what you had to pay out-of-pocket.
At David Pope Insurance, we hear this question often: “Why do insurance agencies charge a quote fee?” Some businesses and individuals are genuinely confused about why carriers offering car insurance, home insurance and other solutions wouldn’t offer no-cost quotes. “Don’t they want our business?” we’re asked.
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Unlike many competitors, we offer free insurance quotes. In fact, we feel it’s immoral not to. We understand many people coming to us are hardworking or may be facing financial challenges, and we strongly feel it is wrong to charge them extra for it. An insurance quote is a service we offer to help you determine whether you want to go with our insurance services. Charging a fee may be a deterrent for less interested insurance shoppers, but it should not be a standard for insurance agencies. By charging that fee it is taking from you. We want to provide the best insurance for the most affordable price.
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Insurance brokers are company employees charged with making their corporation money. Corporations have shareholders who are happiest when profits are high, and charging additional fees is one way to ensure this.
In addition, some insurance agents become jaded with clients who pay for one month and let their car insurance policy lapse after the car is licensed. Quite simply, they want to get paid no matter what. In fact, these companies get paid more if clients come back multiple times for quotes because they allow their car insurance to lapse. Letting your car insurance lapse is illegal and the cost of driving without insurance is financially detrimental. You may save money for a few months, but you’ll face significant fines and bills if you have an accident. We can provide you with a free quote so you have money to spend towards being insured so you don’t have to let your insurance lapse.
Another reason insurers charge a fee is because they may feel they make too little on small insurance policies. If they sell an insurance policy at $300 a year, this means they only make between $20 and $45 annually from that client. The fees for quotes are one-way agencies shore up profits on smaller clients.
Our organization believes in saving everyone money and in offering the best rates with no fees charged for quotes. Everyone gets a free insurance quote. We feel this is the right thing to do, especially since we know for some clients, even a modest quote fee can make getting insurance more daunting. In addition, we understand no insurance agent will get rich from one client, and we believe everyone deserves to be treated with professionalism and get our VIP client treatment, whether they need $300 or $300,000 in insurance coverage.
If you cancel or lapse on your insurance in the first six months and then seek another quote from us, you will still get a free quote and our best rate. However, you will need to pay your car insurance policy six months in full. If you cancel or lapse again, we will likely decline to offer another quote. We strongly believe it is unethical to allow people to drive illegally and we care if our clients are driving without auto insurance.
Another reason why we don’t charge insurance quotes is that we know it’s good business to serve our customers to the utmost of our ability. We feel the insurance industry as a whole needs to change its thought processes about customers. A happy client who gets a free quote can refer friends or a home/auto umbrella condo client. No matter what, our clients in Missouri, Arkansas, Iowa, and Kansas deserve the best, and we are happy to deliver.
It’s important to prepare the necessary information before requesting an insurance quote. Gathering these details ahead of time can make the quote process proceed more smoothly.
Most insurance providers will need personal details about you to process an insurance quote fee. For instance, they might ask for information like:
For auto insurance quotes, you need specific details about your driving history and vehicle type. For example, the provider might ask you for information about the following:
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Home insurance quotes might require home details like:
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You might provide these same details to several insurance agencies but receive a range of different quotes, even from the same insurance carriers. These differences often occur because of these two reasons:
It’s important to request quotes from several sources before committing to one. That way, you can view different costs and decide on the best fit. Free insurance quotes become even more valuable when you browse many options because you save on overall costs.
If you’re looking for an insurance agency with no quote fees, choose David Pope Insurance. We are committed to helping clients discover a customized and affordable insurance plan. Our free insurance quotes can assist you with finding the best fit without extra fees. Whether you need auto, home, life or commercial insurance, our experts can help.
To get started with David Pope Insurance, request a free quote for yourself or your small business today. Or contact us with any insurance-related questions.