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What is insurance brokerage?
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6th May 2010 by Gary B
An insurance brokerage, or broker, operates as a middle-man for insurance companies and businesses.
Normally insurance brokers can tap into numerous carriers to meet the parameters of what you need, and they will more strongly represent you than a typical insurance agent, who represents the company, even though they may help you find insurance.
A quality insurance broker is worth their weight in gold, as they can navigate through all the clutter and present you with the closest options to what you're looking for for your business.
While insurance companies pay brokers, the fact that they usually have dozens to choose from keeps them from the temptation to guide you toward any one company like an agent would, which better represents what you need and want.
An insurance brokerage, or broker, operates as a middle-man for insurance companies and businesses.
Normally insurance brokers can tap into numerous carriers to meet the parameters of what you need, and they will more strongly represent you than a typical insurance agent, who represents the company, even though they may help you find insurance.
A quality insurance broker is worth their weight in gold, as they can navigate through all the clutter and present you with the closest options to what you're looking for for your business.
While insurance companies pay brokers, the fact that they usually have dozens to choose from keeps them from the temptation to guide you toward any one company like an agent would, which better represents what you need and want.
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26th Oct 2009 In Brokerage
1 Answers | 280 Views
Subjects: brokerage,
insurance brokerage,