Insurance brokers: what you need to know.
An insurance broker is someone who’s licensed to sell insurance, and can either work independently or for an insurance brokerage. A broker advises people on their insurance needs and works with insurance companies to secure contracts on their behalf. In exchange, they earn commision from the company. While the prices of some insurance products are fixed, in cases where prices are more flexible, brokers can also assist in negotiating for you and ensuring you receive the best value for what you’re paying.
An insurance broker is one kind of financial service provider LowestRates.ca can connect you with. On this page, we’ll explore the benefits of using an insurance broker, how to connect with a broker through LowestRates.ca, and how to find a broker in your area.