Insurance Careers Tips

Insurance Agent VS Insurance Broker: Who is Better?

Agency Height

February 12, 2023 · 10 mins read

What to read next

Insurance Brokers fees

Insurance Broker Fee vs Commission: Differences an Insurance Agent Must Know

Discover the differences between insurance broker fee and commission. Use this knowledge to advance your insurance career.

GEICO Layoffs

How GEICO’s Layoffs Has Affected Its Employees and Business

After another round of layoffs, let’s look at how it has impacted its employees and the business moving forward.

farmers layoffs

Challenges Plague Farmers Insurance, Leading to Significant Layoffs in 2023

Discover the reasons behind layoffs at Farmers Insurance following GEICO and Allstate and understand the industry-wide impacts reshaping the insurance landscape.

Stay Updated with Latest Updates in Insurance in Your Area 

Subscribe to our Newsletter!

Thank you for subscribing to Agency Height.

21 thoughts on “Insurance Agent VS Insurance Broker: Who is better in 2023?

For the longest time, I thought insurers and brokers were the same thing! This clears up everything for me.

Hi! Brokers have more freedom than agents, in terms of accessibility to a larger insurance market. But brokers don’t have the authority to enforce or write, coverage. And yes, brokers need a license to work. Connect with us here if you have any additional questions.

Very insightful! I love how you’ve explained everything in detail. Is there anyone I can talk to regarding few of my queries?

Wowwww.. I didn’t know there were two types of insurance agents and how they are also different in terms of their work. This is an amazing article!

Write more, thats all Ihave to say. Literally, iit seemks as though you relied on too many secondary data to make your point. Jaclin Michel Haveman

Yes, they are. They help their clients make informed decisions by advising them about the various policies available to them and will also help clients by reviewing their existing policies.

I would like to add when you do not actually have an insurance policy or else you do not take part in any group insurance, you will well benefit from seeking the assistance of a health agent. Self-employed or people who have medical conditions commonly seek the help of the health insurance dealer. Thanks for your short article. Annnora Cosimo Tade

Thanks for pointing out that an insurance broker helps their clients find the best coverage for their needs. This reminds me of business owners that need to find an insurance policy for their company and for their employees as well. I could imagine the need for them to hire a commercial insurance broker that has access to insurance coverages that would meet their demands.

It was informative when you talked about how insurance brokers will do the majority of the groundwork for consumers. My wife and I need to get health insurance since we are wanting to start a family soon. We don’t know anything about shopping for health insurance, so it seems like hiring a broker would be very beneficial.

It sure was interesting when you said that instance agents sell different types of insurance and are representatives of insurance firms. This reminds me of farm owners who are planning to purchase an insurance policy to protect their property and crops. I would assume that they would find the right insurance policy that would meet their budget when they speak with an insurance agent.

Leave a Reply

Your email address will not be published. Required fields are marked *