St. Louis Insurance Broker vs. Insurance Agent

Insurance is important. We need it to protect our health, home, car and much more. Unfortunately, the insurance industry is not always easy to understand. If you recently joined the market for St. Louis or St. Charles County insurance, you should know the difference between an insurance broker and insurance agent. Both are insurance professionals that act as a middleman between insurance buyers and insurers.

The major difference between an insurance broker and insurance agent is who they represent. A broker represents the insurance buyer, while an agent represents an insurance company or companies.

What Does an Insurance Broker Do?

Insurance brokers work for you (the buyer) rather than the insurance company. The primary goal of an insurance broker is to use their knowledge to help find the best, personalized option for you.

Insurance Broker Example:

In the market for St. Louis home or auto insurance?

A St. Louis insurance broker will compare the coverage of various local St. Louis insurance companies. With their expertise they will find you the best conditions and rates. A broker will search for opportunities for you to combine different types of insurances to obtain discounts and maximize savings. Since brokers are independent from insurance companies, their recommendations will be trustworthy and unbiased.

What Does an Insurance Agent Do?

Insurance agents typically work with one insurance company. An agent provides information to insurance buyers on available policies and contracts from their insurance company.

If you’re looking for St. Charles County home or auto insurance, an insurance agent will only offer you conditions and rates from one company. Insurance brokers explore more options with their buyers.  

Benefits of The Milburn Agency

We are an independent insurance brokerage that has been serving the Greater St. Louis area since 1963. Our mission is to help you find those St. Louis and St. Charles County insurance deals that will work best for you and maximize savings. As an owner operated, family business we work with you directly for a personal approach to comparison insurance shopping. We’ll help you compare quotes and get you the best value for your situation. The Milburn Agency offers help finding home or car insurance with no broker fees.

Compare quotes today on St. Louis and St. Charles County home and auto insurance. Let us keep you, your home and your family safe and secure.