An insurance agent makes money by selling insurance to companies or people. Most commissions are around four to eight percent of insurance premiums but are negotiable with different states. An agent also knows the client’s specific circumstances, wants and needs of the individual customers, to get them the most affordable insurance policy for their budget. Since the agent represents the insurance company, he is well aware of what type of coverage is best for their clients.There are two types of insurance brokers: those who deal exclusively with insurance companies and those who deal specifically with clients’ life insurance needs. Many brokers have specialties, in which they are specialized. These include life, auto, homeowner, or business insurance agents. Some brokers may also deal with a particular type of insurance, such as life insurance and annuities. They are able to negotiate better terms and prices for their clients when they deal with an insurance company or business. In general, a broker works for his client and does not deal directly with the client.It is up to you, the customer to decide whether you want to work with an insurance broker or choose one that deals with individual clients. If you do not need the services of an insurance agent, choose a company that works with a number of different clients. You can also choose an agent and company that offer packages that are tailored for your specific situation. It is up to you to look at the reputation of the company, both online and in person. Many people have found out the hard way that a company might be more willing to give away a certain feature than others, for example, if the features are available to all. For this reason, it is important to be fully informed about the insurance policies being offered and inquire about any discounts that might apply. Once you have checked on the reputation of the insurance company, you will be in a much better position to make an educated decision about which one is best suited for your individual needs.