What is an insurance broker?

An insurance broker is a professional who works to secure insurance coverage for their clients. In Nevada, these brokers must be licensed by the Division of Insurance. Brokers are knowledgeable in the field of insurance and can provide their clients with the best coverage for their individual needs. They act as an intermediary between an insurance company and their client, ensuring that the client purchases the coverage they need at the best possible price. Insurance brokers typically work with many different insurance companies and are able to offer their clients a broad array of options. They can create customized policies that fit their client’s needs. Insurance brokers serve as a valuable resource when purchasing insurance, as they can provide insight into the industry and provide guidance throughout the process. It is important to note that insurance brokers are not employed by the insurance companies they are working with. They are typically independent agents who are paid a commission for their services. This commission is typically paid by the insurance company and is not passed on to the client in the form of a higher premiums. In conclusion, an insurance broker in Nevada is a professional who works to secure insurance coverage for their clients. They have knowledge of the insurance industry and work with many different insurance companies to provide their clients with the best possible policies at the best possible prices. They are not employed by the companies they are working with and are typically paid a commission for their services.

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What is an insurance broker?

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