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?

Related Content

Coaches

Coaches have helped you your whole life, in ways big and small. We'd like to be one of them.

Why Do You Need Auto Liability Insurance?

Why Do You Need Auto Liability Insurance?

What is Auto Liability? Discover how important this coverage really is.

An Arm and a Leg

An Arm and a Leg

A visit to the hospital can be painful, for both your body and your wallet. Don't let it be more painful than it has to be.