Insurance

What is a Broker?

Broker

[broh-ker]

noun

Insurance Brokers are individuals who gather insurance quotes on behalf of a purchaser. They are different from Agents, in that Agents represent the company selling the insurance, while Brokers represent the party buying insurance. Brokers can be either retail or wholesale. Retail Brokers are those that interact directly with insurance buyers.

Share |

Have A Question About This Topic?

Assess Your Life Insurance Needs

This calculator estimates how much life insurance you would need to meet your family's needs if you were to die prematurely.

A Guide to Insuring Valuables In Your Home

Your homeowners policy may not cover certain types of valuables. Here's what you can do to stay covered.