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What is a brokerage policy? |
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Brokered Policy
Perhaps you mean a "brokered" policy? This means that your agent has quoted your policy through a middle-man or "broker" that goes directly to the company. There are usually additional charges or fees involved with brokered policies.
Finding an agent that can secure a quote directly from a standard company is one way to avoid this charge. Depending on the type of business, a brokered policy may be your only option.
First answer by ID1116251649. Last edit by ID1116251649. Question popularity: 111 [recommend question]
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