Auto Insurance Company Vs. Broker
When searching for auto insurance policies, consumers have the option to purchase directly from insurance companies or through independent insurance brokers. Although auto insurance companies and brokers both sell insurance policies, they operate in different ways.
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Finding an Insurance Company Agent
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Insurance companies have offices, staffed with agents, and you can find them in the Yellow Pages or on the Internet. You can meet with an agent in person, speak to an agent over the telephone or contact them through the insurance company website on the Internet.
Finding an Insurance Broker
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Insurance brokers have offices and websites, and can be found in the Yellow Pages or on the Internet. They can be contacted by telephone, over the Internet or in person, if the broker has an office in your area.
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Representation
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Insurance company agents work for and represent an insurance company. Insurance brokers work independently and represent the buyer who wants to purchase auto insurance.
Auto Insurance Quotes
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An insurance company agent will show you the rates for auto insurance products sold by his company. An insurance broker will show you rates for auto insurance products sold by many insurance companies.
Working With Agents and Brokers
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You can retain a working relationship with an insurance company agent as long as you keep the policy with the company she works for. You can retain a working relationship with an insurance broker even if you want to change to another insurance company for your coverage.
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