Understanding the Differences: Insurance Agent vs Broker In today’s complex insurance landscape, understanding the difference between an insurance agent and a broker can be crucial for making well-informed decisions. Both roles assist consumers in acquiring insurance policies, but their responsibilities and allegiances differ significantly. What is an Insurance Agent? An insurance agent typically represents one or more insurance companies and is essentially their sales representative. The primary duty of an agent is to sell insurance policies on behalf of the companies they represent. This relationship often means that agents can…
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