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What is an insurance broker?

 

What is an insurance broker?

The Bankrate.com financial term of the day is: "insurance broker."

If you're in the market for insurance, you might want an insurance broker in your corner. Unlike an insurance agent, who may represent one particular insurance company, an independent broker represents you, the insurance customer, and can help set you up with the right insurance at the right price.

An insurance broker can look out for you and handle a lot of the legwork when you need to buy insurance.

To shop for insurance to fit your needs, visit the Insurance section at Bankrate.com.

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Auto Insurance Averages
Product Rate
Auto - Couple, age 30
$ 1638.13
Auto - Couple, age 45
$ 2794.86
Auto - Female, age 50
$ 1505.29
Auto - Male, age 50
$ 1561.24
View rates in your area:
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