The Difference Between an Insurance Agent and Insurance Broker: A Quick Comparison

Insurance brokers represent you-the insured! They listen to your insurance coverage needs to determine the best providers, policies and packages to help get you the best deal that meets what you need. Brokers usually work with multiple insurance companies or carriers which allows them to find the best packages without being restricted to only one company. You can end up saving time and money working with an independent insurance broker.
An insurance agent, or more specifically a captive insurance agent normally represents only one insurance company which means they only sell their company's products. They dont have access to multiple companies to help find the best product and price.
Whoever you decide to work with, just make sure they are licensed and can write business in your state.

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