What is the difference between an insurance broker and an insurance agent?

An insurance broker works independently to help find the best insurance policies for customers from different companies. They don’t work for one specific insurance company. An insurance agent, on the other hand, works for a specific insurance company and sells policies only from that company. They can provide information about the company’s products and help customers choose the best one for their needs. So, while both help customers get insurance, a broker can offer options from multiple companies, while an agent can only offer options from the company or companies they work with.

Posted by Alyssa DiCrasto

Alyssa uses her many years of experience writing about complex industries to research and create clear content that makes insurance easy to understand. She has been with Rate Retriever since its beginning, establishing our strict editorial policy and directing our comparison experience.

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