Most individuals know an insurance agent by the company he works for. He is a person who is paid to help individuals with their insurance needs. A licensed insurance agent works as a representative of the insurance company that he works for. In some states, a broker must also pass an exam to become an insurance agent. A broker’s primary responsibility is to obtain the best possible rate on his clients’ policies from the various insurance companies.

To get insurance, an insurance agent makes requests for policies from different insurance companies. An insurance agent may solicit a policy from a particular company, or offer one. He obtains the policy from the insurance company through an agent and not from the client himself. An insurance agent offers a quote to the client in return for a quote on a new policy.

Insurance agents work as representatives for the insurance companies, and therefore must be licensed. He is required to pay the state’s insurance commission, which is funded by taxes on insurance. The commission is charged to every policy that he represents. Insurance agents are required to obtain an insurance license and pass a licensing exam in order to work. Insurance brokers also must meet an interview panel with state regulators. Each state has different requirements, and each state also has its own regulations.