Choosing an Auto Insurance Agent or Broker - Understanding the Difference

Choosing an Auto Insurance Agent or Broker - Understanding the Difference
By Michelle Burton

Before you decide whether to use an insurance broker or an insurance agent to help you find the right insurance products, it is important to understand the difference between the two and the pros and cons of each. In simple terms, an insurance agent, also referred to as an “insurance sales agent,” sells insurance to individuals, families, and businesses for one or more specific insurance companies. An insurance agent is an intermediary between the insurance provider and the policyholder.

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Vehicle Insurance Verification Programs: How They Work

Vehicle Insurance Verification Programs: How They Work
By Michelle Burton

According to the U.S. Bureau of Transit Statistics, there were more than nearly 251 million registered passenger vehicles on the road in 2006. Out of these 250 million vehicles, 34 million are uninsured. This means, 13.6 percent of all drivers do so without insurance and it’s costing each state and its taxpayers millions of dollars. In fact, in the state of Washington alone, uninsured drivers cost taxpayers more than $80 million in 2008.

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