What Does an Insurance Agency Do?
An insurance agency is a business that represents various insurance companies and provides clients with advice and information on the policies that they carry. These agencies can be either captive or independent and often specialize in a particular area of coverage, such as home, auto or business.
Captive agents, such as agents that represent Farmers Insurance or State Farm, only sell products from a single insurer and usually don’t provide the same level of service to customers that an independent agent would offer. Insurers pay their agents a commission for the sale of policies, … Read the rest