An insurance agent makes money from commissions on policies sold to people or companies. Most commissions vary between about two and eight percent of policy premiums, according to state laws. An agent knows the individual’s personal situation, wants and needs to get them the most affordable insurance possible, to fit their budget. For example, many homeowners purchase insurance as a home improvement and insurance coverage in order to avoid paying large home repair bills. This is one of the top reasons why many individuals to purchase this type of insurance. While some may have the need for home or vehicle insurance, this will not always be the case.When someone purchases an insurance company quote from an insurance agent, this will allow them to do a comparison. In order to do a good and fair comparison, there must be a comparison of the rates offered by different companies. This is a good way for anyone to receive a fair quote. The person can also take advantage of discounts that are available. The individual can use the internet to learn about the various types of insurance and the different insurance rates. This will give the individual a great idea of what to look for when purchasing insurance. They can also compare a variety of companies with the different rates to make sure they get the best rate for the specific type of insurance needed.When a person gets their insurance quotes, they can compare them to see if they need to hire an insurance agent. Insurance brokers receive their commissions based on the number of policies purchased by the individuals and the amount they sell. There are no guarantees as to the policies or the rates, but an insurance agent can help a client find a good rate and a policy that fit their individual needs. When someone purchases coverage through an agent, the individual will be able to receive a lower rate on the policy that fits their needs. It will also be easy for the individual to find an agent who has a good reputation in the insurance industry and who can easily be found on the internet. Getting quotes online also allows individuals to have peace of mind about their needs.