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

Trunnell Insurance Services in an independent insurance broker, not an agent. We work with over 15 insurers to find the best policy for you.

The Difference Between an Insurance Broker and an Insurance Agent

You’ve probably heard the terms “insurance broker” and “insurance agent” used interchangeably, but did you know that there is a difference between the two? Sure, both brokers and agents help people find the insurance coverage they need, but that’s where the similarity ends. Here’s a look at the key differences between an insurance broker and an insurance agent to help you decide which professional is right for you.

An insurance broker is a middleman who works with multiple insurance companies to find the best coverage and price for their clients. A broker is typically not beholden to any one company, which gives them the ability to be more impartial when it comes to finding the right policy for their clients.

An insurance agent, on the other hand, is typically affiliated with one particular company. While this allows agents to be experts on their company’s products, it also means that they may not be able to offer you the same level of choice or customization when it comes to your coverage.

So, which professional should you choose? If you want someone who can give you unbiased advice and offer you a wide range of coverage options from different companies, then a broker is probably your best bet. However, if you’re loyal to a particular company or you’re looking for an expert on one company’s products, then an agent may be a better choice. Ultimately, the decision comes down to what’s most important to you in finding the right insurance coverage.