Broker of RecordWhat is a broker of record?
A broker of record (sometimes called an agent of record) is the designated insurance agent for you or your company. Generally, an insurance broker represents several insurance carriers as opposed to an insurance agent who may only represent one carrier. Insurance brokers in Idaho are required to obtain an insurance producer's license with the Idaho Department of Insurance. Some insurance brokers have studied to earn additional industry certifications beyond licensing to further enhance their carrier and help their clients. Many consumers will change insurance brokers and stay with their same insurance carrier and policy. Each insurance broker or agent, has a different level of experience and education. |
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