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.

Have A Question About This Topic?

Thank you! Oops!

Related Content

Keep Your Business (Insurance) Running

Keep Your Business (Insurance) Running

Get insurance that keeps your business in business.

Insurance Needs Assessment: When You're Young and Single

Insurance Needs Assessment: When You're Young and Single

Even if you’re young and single, you should still consider protecting yourself.

What is a Homeowners Insurance Policy?

What is a Homeowners Insurance Policy?

Do you know what a Homeowners Insurance Policy is?