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?

A Home Insurance Claim: To File Or Not To File

Learn when it may not make sense to file a claim on your home insurance.

The Right Time to Buy an Annuity

Knowing when to buy an annuity can make a big difference. Learn how timing can influence your decision about if and when to buy.