What is an insurance broker?

An insurance broker is a professional who acts as an intermediary between an insured and an insurance company. They are licensed by the state of Indiana to provide advice and guidance on finding the best insurance coverage to meet the needs of their clients. They do not work for an insurance company and are not limited to selling one company’s products. Instead, they work as an independent advisor and can shop around to find the best insurance coverage at the best price. An insurance broker can provide their clients with advice on the types of coverage that are available, such as health, life, auto, and property insurance. They can also help the insured find coverage for specific risks and inform them about the limitations and exclusions of their existing policies. Insurance brokers may also provide advice on how to reduce the cost of insurance and cover costs associated with claims. Insurance brokers act as an advocate on behalf of their clients and help to ensure that they are adequately covered. Insurance brokers can also help clients understand the terminology and details of their insurance policies and advise them on the best course of action to pursue in case of a claim.

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What is an insurance broker?

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