An insurance broker can help you navigate shopping for insurance if you’re not sure what you need for coverage.

The broker can help you determine your coverage needs and track down insurance quotes for you. This can be especially helpful if you’re not comfortable with insurance shopping and industry terms.

What Is an Insurance Broker?

An insurance broker is someone who works as a middle person to sell insurance from multiple companies for different types of insurance, including car, life, home and health insurance. They can get quotes for coverage and help you make a wise insurance decision.

If you feel uncomfortable shopping for insurance or are unsure about what to buy, you may want to work with an insurance broker. Here are some instances when an insurance broker may work for you:

• You don’t want to spend time collecting insurance quotes.
• You want a broker’s insurance expertise to guide you through the process and teach you about insurance policy terms and limits.
• You want to buy health insurance through the Affordable Care Act marketplace but you’re not familiar with the ins and outs of health insurance.
• You’re not sure what you need for coverage and want to avoid being underinsured. For instance, not having enough home insurance can mean you might not be able to rebuild your home if it’s destroyed.
• You’re a business owner and need business insurance.
• You have more complex car insurance needs, such as owning a classic car collection.