Insurance Agency - Who is a Good Insurance Agent?

What is an Insurance Agency and how do you know if it is right for your company? If you sell insurance in North Carolina, you will need to be licensed by the Department of Insurance or a licensed insurance agent. It is important to keep in mind that there are no real agencies in North Carolina. Instead, there are brokers. Learn more about this company here: www.epgagency.com. 

What is an Insurance Broker? This term is commonly used to describe any one entity that carries insurance, writes policies and pays all the risk related to the policies he writes.

There are many insurance brokers available in North Carolina who will sell different types of insurance including auto, health, life and property insurance. Because insurance agents are generally required by law to carry the state licensed insurance agent license, a broker from the EPG Insurance plays a very important role in the insurance business.

How do brokers get their commissions? Insurance brokers receive commissions from insurance companies on a percentage basis. Depending on the insurance broker you work with, the commission amount can vary from five percent up to about 25%.

How do I find an insurance agency in North Carolina that is reputable? When looking for an insurance agency, you should make sure to investigate the business thoroughly. Some brokers charge more than others due to the fact that they represent a larger number of insurance companies and therefore have more clients and more insurance products to offer.

The key to finding a good insurance agency is to take the time to research all of your options. Do some research online, check out insurance brokers and ask friends and family for recommendations. Once you find a reputable agent who fits your needs and requirements, then you can begin looking for the best possible rates for your insurance needs.

Are all insurance brokers equal? No, not really. Every agent has their own special traits that make them more credible, so you will have to do a little research in order to find the one that meets your specific needs. However, some insurance brokers have proven track records in the insurance industry, are experienced and trustworthy and will help you find the best possible rate.

What should an insurance broker do? An insurance broker will have a variety of responsibilities when it comes to selling your insurance products.

What are the benefits of working with an insurance agent? An insurance agent is someone who understand the ins and outs of insurance policies and will be able to help you determine which policy is best suited to your needs, based upon your specific circumstances. Find out more about insurance here: https://en.wikipedia.org/wiki/Insurance_law.