Insurance Broker or Insurance Agents?
If you need insurance (which everybody does), you’ll need to know where to look. And more importantly, who to look for. For example, you’ll need to know the difference between an insurance broker and insurance agents. Although they sound like they could offer the same services, they could not be more different.
An insurance broker sells insurance, but they partner with several different insurance companies. So they’re not employed by a single company—they’re an independent business owner. This is good for two reasons:
- the broker has access to a bunch of different insurance products, meaning you have a lot of options
- their main concern is to get you the best insurance for your situation because they can shop around
Another good thing about brokers is that they’ve dealt with many insurance companies and they know which ones are the best.