What is an insurance broker?

An insurance broker is a professional who provides guidance and assistance to people looking to purchase insurance. In North Carolina, insurance brokers are licensed by the North Carolina Department of Insurance to provide advice and assistance when it comes to choosing the best type of insurance for an individual or business. An insurance broker will generally research different insurance providers and help clients find the best insurance coverage that meets their needs. They will also review existing policies and help update them if necessary. Insurance brokers typically work with many different insurance companies to negotiate deals and discounts that they can offer their clients. They may also help individuals and businesses file claims if needed. Insurance brokers also provide advice on how to manage risk and prevent potential losses. They can also help clients evaluate claims and assist in the recovery process. Overall, an insurance broker is an individual who serves as an intermediary between an insurance company and their client. They provide advice, assistance, and guidance to help clients make informed decisions when it comes to insurance.

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