Share this content on Facebook!
24 Mar 2015
Business Insurance in Sacramento CA

First, we must make a distinction between a coverage "broker" and an insurance "agent." Inside the insurance business, an agent is in partnership with a number of insurance companies. A dedicated agent includes a contract with a single company, normally an insurance business that prefers exclusivity, and can only sell the insurance coverage products of that company. An independent agent may work having a large number of companies, including AIG, CHUBB, and also the Hartford, to name only a few.

An agent does not work for an insurance business but alternatively for a client in the market to obtain insurance. So if a new business owner wished to purchase commercial liability insurance, a broker would not...