Insurance 4 Insurance

Many reputable insurance companies do not offer their products or services directly to the public. They choose to appoint insurance brokers like Marketing Direct to sell their products. By doing this they do not have to advertise or open multiple locations causing expensive over-head for their company. This savings is passed on to the public by way of offering them lowered insurance rates. 

Rates between channels vary in part because they are based on the different costs of doing business. If you buy through a drive agent/broker, your rate includes the commission paid to the agent/broker for selling the policy. If you buy from a company whom sells directly to the customer, the rate reflects the cost of building, staffing and maintaining the direct sales centers as well as progressive directs marketing costs. 

Working with a experienced broker simplifies the complex task of protecting the assets of your company from the liabilities it may face. Brokers will help you find competitive quotes for the coverage you need from leading insurance companies.
 
Difference between a Broker and a Company 

Brokers are not insurance companies; they are independent insurance salespersons. The broker represents you, the client. In order to find insurance for you, a broker will usually review the premium rates and coverages of several insurance companies. 

Some insurance companies will use the services of another business, called a “managing general agent” or “general agent.” These businesses may perform underwriting, claims handling and billing on behalf of the insurance company issuing the policy. 

A broker will usually have the words “insurance agency,” “insurance brokers,” “insurance brokerage,” or “insurance services” in its business name. An insurance company will usually have the word “insurance company,”“Casualty Company,”“Indemnity Company,” “insurance underwriters” or “assurance company” in its name. 

The companies that sell drive insurance policies, as well as the companies that sell direct policies, make independent decisions about the expenses they incur and the prices of their products while keeping the needs of their customers in mind.

Many reputable insurance companies do not offer their products or services directly to the public. They choose to appoint insurance brokers like Marketing Direct to sell their products. By doing this they do not have to advertise or open multiple locations causing expensive over-head for their company. This savings is passed on to the public by way of offering them lowered insurance rates. 

Rates between channels vary in part because they are based on the different costs of doing business. If you buy through a drive agent/broker, your rate includes the commission paid to the agent/broker for selling the policy. If you buy from a company whom sells directly to the customer, the rate reflects the cost of building, staffing and maintaining the direct sales centers as well as progressive directs marketing costs. 

Working with a experienced broker simplifies the complex task of protecting the assets of your company from the liabilities it may face. Brokers will help you find competitive quotes for the coverage you need from leading insurance companies.
 
Difference between a Broker and a Company 

Brokers are not insurance companies; they are independent insurance salespersons. The broker represents you, the client. In order to find insurance for you, a broker will usually review the premium rates and coverages of several insurance companies. 

Some insurance companies will use the services of another business, called a “managing general agent” or “general agent.” These businesses may perform underwriting, claims handling and billing on behalf of the insurance company issuing the policy. 

A broker will usually have the words “insurance agency,” “insurance brokers,” “insurance brokerage,” or “insurance services” in its business name. An insurance company will usually have the word “insurance company,”“Casualty Company,”“Indemnity Company,” “insurance underwriters” or “assurance company” in its name. 

The companies that sell drive insurance policies, as well as the companies that sell direct policies, make independent decisions about the expenses they incur and the prices of their products while keeping the needs of their customers in mind.