What does an independent agent have the ability to do?

An independent agent has the ability to represent multiple insurance companies, which enables them to offer a diverse range of insurance products to their clients. This structure benefits clients as they can receive a variety of options tailored to their specific needs, rather than being limited to the offerings of a single insurer.

By having access to multiple carriers, independent agents can compare different policies, coverage options, and pricing, ensuring that they find the best fit for their clients. This flexibility is a key advantage of the independent agency model, helping consumers make informed decisions based on a wider array of choices.

The other options suggest limitations that do not apply to independent agents. For instance, they do not represent only one insurance company, nor do they work exclusively for a single insurer, and they operate under contracts with various companies rather than without any formal agreement. This ability to work with multiple companies is what distinguishes independent agents within the insurance industry.