Frequently Asked Questions

What does an insurance broker do?

An insurance broker is a person or company that assists people in buying insurance. An insurance broker does this by going over the customer’s needs and requirements to find the best plan.

 

The job of an insurance broker is to present different options for car, home, health, and business owners. The brokers must have knowledge of all the different types of policies so they can advise clients on which one they should buy.

What is the difference between an insurance agent and a broker?

An agent can work for one insurance company, but brokers are not exclusive to just one company. Brokers take the time to search for the best policy that will fit each customer’s needs. Insurance Brokers work for the customer and Insurance Agents work for the company.

An agent can work for one insurance company, but brokers are not exclusive to just one company. Brokers take the time to search for the best policy that will fit each customer’s needs. Insurance Brokers work for the customer and Insurance Agents work for the company.

 

The job of an insurance broker is to present different options for car, home, health, and business owners. The brokers must have knowledge of all the different types of policies so they can advise clients on which one they should buy.

Is there an advantage to using an insurance broker?

Insurance brokers are often able to find better rates than insurance agents for customers. Insurance brokers are also less likely to have conflicts of interest with customers, which is why many people prefer them. 

An agent can work for one insurance company, but brokers are not exclusive to just one company. Brokers take the time to search for the best policy that will fit each customer’s needs. Insurance Brokers work for the customer and Insurance Agents work for the company.

 

The job of an insurance broker is to present different options for car, home, health, and business owners. The brokers must have knowledge of all the different types of policies so they can advise clients on which one they should buy.

Do insurance brokers charge a fee?

No, the insurance company pays an insurance broker a commission for recruiting a customer and arranging the insurance plan.