Best Insurance in Tennessee

[Paul D.]

I have 35 Units with State Farm and they have been great! I recently got a quote from Nationwide and it was initially 30% cheaper, then I had them add a property and it was only 20% cheaper, then I was about to switch and it was only 10% cheaper that day... I currently don't trust the agent now and would like to save on my insurance - I feel I could at least save 20-30% and that equates to over $2-$3K savings a year and like adding a new unit to the books. Any suggestions in Tennessee or Knoxville? 

[Jason Bott]

@Paul D. Think of the insurance agent market broken into 3 areas;

1)  State Farm and Nationwide agents are referred to as "Direct Writers", meaning they only represent 1 company.

2)  Independent agents - Reps for 10-50 companies.

3)  Tweener - Erie is represented by independent agents, but Erie, the company, will only partner with small agencies as they want to be the main choice for that agent.  So you get some options, but your still not seeing 75% of the marketplace.

So, I would suggest having an independent agent show you some options for you to give yourself the best chance to find the best option out there.