Working with an insurance intermediary service allows the independent agent to review many quotes and offer their clients the best policy options available.
[2] In addition to insurance policies, agents often sell mutual funds, annuities, and products that address wealth management, retirement and estate planning.
On average, independent agents work with thirteen property and casualty and six life and health insurance companies on a regular basis.
Exclusive agents, who are salaried employees of the insurance company, write a majority of the personal lines business.
Yet, Progressive is the country’s largest writer of private passenger auto insurance through the independent agent distribution channel.