Insurance Brokers

    “Producers”, a common name for insurance agents, come in two rolls; that of the Captive Agents and that of the Brokers. Insurance Brokers can assist in searching for a policy from multiple companies that they are licensed to sell for. This increases their effectiveness in finding the cheapest, most appropriate policy for you.

    With the internet having an increased roll in the insurance brokers industry, much of their financial focus has been shifted from finding new clients, to processing new clients and assessing and assisting on claims of current clients. You can now online get quotes from all the major insurance companies in your desired range and contact the insurance broker that best fit your needs, quick and EZ.

    Insurance brokers must have a State issued license if they are engaging in solicitation, selling, or negotiating of insurance policies. State to state license requirement vary but most insurance brokers require their agents to be college graduates with a high emphasis on those majored in business or economics.

    The licenses that each insurance broker acquires are specific to the type of insurance that they are selling. There is a different license for those brokers that sell life or health insurance, or those selling auto or property insurance. Specified pre-licensing course are usually required by the state for each of the insurance categories.