Insurance

What is a Broker?

Broker

[broh-ker]

noun

1.

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?

Thank you! Oops!

Related Content

Consider These 3 Things Before Driving Off the Lot

Consider These 3 Things Before Driving Off the Lot

There are a few things to consider when buying or leasing your next vehicle.

4 Benefits of Life Insurance for the Here and Now

4 Benefits of Life Insurance for the Here and Now

Believe it or not, your Life Insurance policy can be helpful for you, not just your loved ones. Find out four ways your Life policy can help you in the here and now.

Did You Know This Fact About Trampolines?

Did You Know This Fact About Trampolines?

Trampolines cause thousands of injuries per year.