Who is an Insurance Broker?

The broker is an insurance professional and a friend to the insuring public who understands your specific insurance needs.

What is the difference between Insurance broker and Insurance agent?

An agent works for one company and can only offer the products of that company. An insurance broker has access to the products of several insurance companies and can find the best combination of coverage, price and service. In other words, an insurance broker works for you.

Do brokers charge fees?

Generally no, brokers make their money by receiving commissions from the insurance companies that they place your business with. There is no direct charge to you for a broker’s services.

 

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