Independent vs. Captive Insurance Agencies: What’s the Difference?
Posted: April 21, 2025
At Preferred Insurance Agency here in La Crosse, we often hear a version of this question: What exactly is an independent insurance agency, and how is it different from a captive one? Let’s clear it up. Captive Agencies: Tied to One Company A captive insurance agency works for one insurance company. Think of brands like State Farm, Allstate, or American Family. Their agents sell only...
Navigating the Landscape: Understanding Captive Carriers' Rate Increases in Wisconsin
Posted: January 23, 2024
Introduction: Living in La Crosse, Wisconsin, means embracing the charm of the Driftless Region and its unique landscapes. As residents, we know that finding the right insurance coverage is crucial for safeguarding our homes, businesses, and vehicles. In recent times, however, many individuals and businesses have been facing challenges due to rate increases from captive carriers in Wisconsin. At Preferred Insurance, we believe in keeping...